CALGARY, May 7, 2019 /CNW/ – Calfrac Well Services Ltd. (“Calfrac”) (TSX-CFW) provides this update concerning the action commenced by Calfrac on May 30, 2018 against Wilks Brothers, LLC (“Wilks Brothers”) in the Alberta Court of Queen’s Bench.
As described below, in a decision released on May 7, 2019, the Alberta Court of Queen’s Bench found that Wilks Brothers breached its confidentiality agreement with Calfrac and dismissed Wilks Brothers’ motion for summary judgment. Calfrac’s action will continue in relation to damages issues.
Wilks Brothers’ Competing Agenda
Wilks Brothers competes against Calfrac through its ownership of a U.S.-based fracturing … Continue Reading