CALGARY, AB, July 14, 2020 /CNW/ – New West Energy Services Inc. (TSXV: NWE), an oil and gas and environmental services company focused on Western Canada, today announced its first quarter 2020 financial results.
ACCOUNTING TREATMENT OF DISCONTINUED OPERATIONS
NWE completed on August 6, 2019 a reorganization where it discontinued its fluid transportation operations in Grande Prairie and, going forward, will focus on vacuum and water truck services out of Medicine Hat, as well as environmental services out of the company’s headquarters in Calgary. As such, NWE’s financial results distinguish between continuing and discontinued operations.
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