CWC Energy Services Corp. Stock

CWC Energy Services Corp. is a Canada-based premier contract drilling and well servicing company. It provides drilling rigs and service rigs to established oil and gas producers in Canada and the United States. Its Contract Drilling division operates under the trade name CWC Ironhand Drilling and is comprised of 13 electric triple drilling rigs with depth ratings from 3,600-7,600 meters and nine telescopic double drilling rigs with depth ratings from 3,200-5,000 meters. All 22 rigs have top drives, 17 have pad rig moving systems, nine have 7,500 psi pumping systems, three have carbon-reduction bi-fuel capabilities, and two have high line power capabilities. Its Production Services division operates under the trade name CWC Well Services, which has a fleet of 138 service rigs. CWC’s service rig fleet consists of 73 single, 52 double and 13 slant rigs providing services, which include completions, maintenance, workovers and well decommissioning with depth ratings from 1,500-5,000 meters.