CALGARY, ALBERTA–(Marketwired – Sept. 22, 2017) –

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Western Energy Services Corp. (“Western”) (TSX:WRG) is pleased to announce that it has entered into agreements with Alberta Investment Management Corporation (“AIMCo”) providing for a $215 million second lien senior secured term loan facility and a private placement (the “Private Placement”) of 9,100,000 common shares of Western (“Common Shares”) at a price of $1.25 per Common Share, for aggregate gross proceeds of $11,375,000 (together the “AIMCo Financings”).

Western has concurrently entered into an agreement with a syndicate … Continue Reading

CALGARY, ALBERTA–(Marketwired – May 9, 2017) – Western Energy Services Corp. (“Western” or the “Company”) (TSX:WRG) today announces the director election results from its 2017 annual and special meeting of shareholders held on May 9, 2017. 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:

CALGARY, ALBERTA–(Marketwired – May 1, 2017) – Western Energy Services Corp. (“Western” or the “Company”) (TSX:WRG) announces that the board of directors of the Company (the “Board”) has approved minor amendments to its stock option plan (the “Option Plan”) and its restricted share unit plan (the “RSU Plan” and together with the Option Plan, the “Incentive Plans”). The amendments have been proposed to address issues raised by Institutional Shareholder Services (“ISS”) in the course of its review of the matters to be voted on at the upcoming annual and special meeting of the shareholders of Western to be held on … Continue Reading

CALGARY, ALBERTA–(Marketwired – April 26, 2017) – Western Energy Services Corp. (“Western” or the “Company”) (TSX:WRG) announces the release of its first quarter 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 three months ended March 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.

First Quarter 2017 Operating Results:

CALGARY, ALBERTA–(Marketwired – April 18, 2017) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Western Energy Services Corp. (“Western”) (TSX:WRG) announced today that it has issued a formal demand for payment to Savanna Energy Services Corp. (“Savanna”) for the payment of a termination fee in the amount of $20,000,000 (the “Termination Fee”) in respect of the arrangement (the “Western Arrangement”) contemplated by the arrangement agreement between Western and Savanna dated March 8, 2017, as amended on March 14, 2017 (the “Arrangement Agreement”).

The Termination Fee was an incentive for Western to forego … Continue Reading

CALGARY, ALBERTA–(Marketwired – April 10, 2017) – Western Energy Services Corp. (“Western”) (TSX:WRG) announces that it intends to release its 2017 first quarter financial and operating results after market close on Wednesday, April 26, 2017 and has scheduled a conference call and webcast to begin promptly at 10:00 a.m. MDT (12:00 p.m. EDT) on Thursday, April 27, 2017.

The conference call dial-in number is 1-800-273-9672

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, ALBERTA–(Marketwired – March 29, 2017) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Western Energy Services Corp. (“Western”) (TSX:WRG) announced today that it has received a notice of termination from Savanna Energy Services Corp. (“Savanna”) of the arrangement agreement between Western and Savanna dated March 8, 2017, as amended on March 14, 2017 (the “Arrangement Agreement”). Western is considering what remedies it may have in connection with Savanna’s notice of termination or otherwise under the Arrangement Agreement.

Western’s Annual and Special Meeting scheduled for May 9, 2017 will proceed as planned; … Continue Reading

CALGARY, ALBERTA–(Marketwired – March 23, 2017) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Western Energy Services Corp. (“Western”) (TSX:WRG) advises that its proposed arrangement (the “Arrangement”) with Savanna Energy Services Corp. (“Savanna”) providing for the issuance of 0.85 of a Western common share and payment of $0.21 of cash for each Savanna common share has gained additional strong support from Savanna shareholders since its announcement. As of today, shareholders holding approximately 25% of the outstanding Savanna common shares have executed voting support agreements in favour of the Arrangement, or have indicated … Continue Reading

CALGARY, ALBERTA–(Marketwired – March 22, 2017) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Western Energy Services Corp. (“Western”) (TSX:WRG) advises that its proposed arrangement (the “Arrangement”) with Savanna Energy Services Corp. (“Savanna”) providing for the issuance of 0.85 of a Western common share and payment of $0.21 of cash for each Savanna common share has gained additional strong support from Savanna shareholders since its announcement. As of today, shareholders holding approximately 25% of the outstanding Savanna common shares have executed voting support agreements in favour of the Arrangement, or have indicated … Continue Reading

CALGARY, ALBERTA–(Marketwired – March 21, 2017) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Western Energy Services Corp. (“Western”) (TSX:WRG) confirms its proposed arrangement (the “Arrangement”) with Savanna Energy Services Corp. (“Savanna”) providing for the issuance of 0.85 of a Western common share plus the payment of $0.21 of cash for each Savanna common share held. Based on Western’s closing price of $2.25, the offer price per Savanna share is $2.12 which is 9.1% higher than the hostile proposal (the “Competing Bid”) from Total Energy Services Inc. (the “Competing Bidder”).

The proposed … Continue Reading