CALGARY, Dec. 12, 2018 /CNW/ – Western Energy Services Corp. (“Western”) (TSX: WRG) is pleased to announce that its lenders have approved an extension of its syndicated revolving first lien credit facility (the “Revolving Facility”) and its committed operating facility (the “Operating Facility” and together the “Credit Facilities”) to December 17, 2021. As part of this review, Western has voluntarily elected to reduce the commitment under the Revolving Facility to $50 million from $70 million. The commitment under the Operating Facility remains unchanged at $10 million.

Additionally, Western and its lenders have agreed to make, among … Continue Reading

CALGARY, Dec. 6, 2018 /CNW/ – Western Energy Services Corp. (“Western”) (TSX: WRG) is pleased to announce its 2019 capital expenditure budget of approximately $15 million. The 2019 capital expenditure budget is expected to be comprised of approximately $13 million of maintenance capital and $2 million of expansion capital.

Maintenance capital of $13 million includes $10 million in the contract drilling segment and $3 million in the production services segment. Maintenance capital spending is directly related to the activity of Western’s equipment.

Expansion capital of $2 million will be driven by specific customer requirements. Western remains committed to … Continue Reading

CALGARY, Oct. 24, 2018 /CNW/ – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its third quarter 2018 financial and operating results.  Additional information relating to the Company, including the Company’s financial statements and management’s discussion and analysis as at and for the three and nine months ended September 30, 2018 and 2017 will be available on SEDAR at www.sedar.com.  Non-International Financial Reporting Standards (“Non-IFRS”) measures and abbreviations for standard industry terms are included in this press release.  All amounts are denominated in Canadian dollars (CDN$) unless otherwise identified.

Third Quarter 2018 … Continue Reading

CALGARY, Oct. 10, 2018 /CNW/ – Western Energy Services Corp. (“Western”) (TSX: WRG) announces that it intends to release its 2018 third quarter financial and operating results after market close on Wednesday, October 24, 2018 and has scheduled a conference call and webcast to begin promptly at 9:00 a.m. MT (11:00 a.m. ET) on Thursday, October 25, 2018.

The conference call dial-in number is 1-888-390-0546

A live webcast of the conference call will be accessible on Western’s website at www.wesc.ca by selecting “Investors“, then “Webcasts“.  Shortly after the live webcast, an archived version will be available … Continue Reading

CALGARY, July 25, 2018 /CNW/ – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its second quarter 2018 financial and operating results.  Additional information relating to the Company, including the Company’s financial statements and management’s discussion and analysis as at and for the three and six months ended June 30, 2018 and 2017 will be available on SEDAR at www.sedar.com.  Non-International Financial Reporting Standards (“Non-IFRS”) measures and abbreviations for standard industry terms are included in this press release.  All amounts are denominated in Canadian dollars (CDN$) unless otherwise identified.

Second Quarter 2018 … Continue Reading

CALGARY, July 12, 2018 /CNW/ – Western Energy Services Corp. (“Western”) (TSX: WRG) announces that it intends to release its 2018 second quarter financial and operating results after market close on Wednesday, July 25, 2018 and has scheduled a conference call and webcast to begin promptly at 9:00 a.m. MT (11:00 a.m. ET) on Thursday, July 26, 2018.

The conference call dial-in number is 1-888-390-0546

A live webcast of the conference call will be accessible on Western’s website at www.wesc.ca by selecting “Investors“, then “Webcasts“. Shortly after the live webcast, an archived version will be available … Continue Reading

CALGARY, April 27, 2018 /CNW/ – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) today announces the director election results from its 2018 annual meeting of shareholders held on April 26, 2018.  According to the proxies received and ballots cast at the meeting, the following five nominees were elected as directors to hold office until the next annual meeting of shareholders or until their successors are elected or appointed, unless such office is earlier vacated in accordance with the by-laws of the Company:

Nominee                      

# Votes For

% Votes For

# Votes
Withheld

% Votes
Withheld… Continue Reading

CALGARY, April 25, 2018 /CNW/ – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its first quarter 2018 financial and operating results. Additional information relating to the Company, including the Company’s financial statements and management’s discussion and analysis as at and for the three months ended March 31, 2018 and 2017 will be available on SEDAR at www.sedar.com. Non-International Financial Reporting Standards (“Non-IFRS”) measures and abbreviations for standard industry terms are included in this press release.  All amounts are denominated in Canadian dollars (CDN$) unless otherwise identified.

First Quarter 2018 Operating Results:… Continue Reading

CALGARY, April 12, 2018 /CNW/ – Western Energy Services Corp. (“Western”) (TSX: WRG) announces that it intends to release its 2018 first quarter financial and operating results after market close on Wednesday, April 25, 2018 and has scheduled a conference call and webcast to begin promptly at 10:00 a.m. MT (12:00 p.m. ET) on Thursday, April 26, 2018.

The conference call dial-in number is 1-888-231-8191

A live webcast of the conference call will be accessible on Western’s website at www.wesc.ca by selecting “Investors“, then “Webcasts“. Shortly after the live webcast, an archived version will be available … Continue Reading

CALGARY, Feb. 21, 2018 /CNW/ – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) announces the release of its fourth quarter and year end 2017 financial and operating results. Additional information relating to the Company, including the Company’s financial statements and management’s discussion and analysis as at and for the years ended December 31, 2017 and 2016 will be available on SEDAR at www.sedar.com. Non-International Financial Reporting Standards (“Non-IFRS”) measures and abbreviations for standard industry terms are included in this press release.  All amounts are denominated in Canadian dollars (CDN$) unless otherwise identified.

Fourth Quarter 2017 … Continue Reading

CALGARY, Feb. 7, 2018 /CNW/ – Western Energy Services Corp. (“Western”) (TSX: WRG) announces that it intends to release its 2017 fourth quarter and year end financial and operating results after market close on Wednesday, February 21, 2018 and has scheduled a conference call and webcast to begin promptly at 9:00 a.m. MT (11:00 a.m. ET) on Thursday, February 22, 2018.

The conference call dial-in number is 1-888-231-8191

A live webcast of the conference call will be accessible on Western’s website at www.wesc.ca by selecting “Investors“, then “Webcasts“.  Shortly after the live webcast, an archived version … Continue Reading

CALGARY, Feb. 1, 2018 /CNW/ – Western Energy Services Corp. (“Western”) (TSX: WRG) is pleased to announce that it has drawn on its $215 million, 7.25% second lien senior secured term loan facility (the “Second Lien Facility”) with Alberta Investment Management Corporation (“AIMCo”). The Second Lien Facility was drawn on January 31, 2018 and will mature in five years. The Second Lien Facility, cash on hand and funds available under existing credit facilities were used to fund the redemption of Western’s $265 million, 77/8% senior unsecured notes due in January 2019 (the “Senior Notes”)

The draw on … Continue Reading