Leading the industry in oilfield logistics
Unlocking efficiencies to match the evolving needs of current and future oilfield operations.
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We are focused on developing a company culture that is built upon our core values:
Latest News
Source Energy Services Announces New Credit Facilities and the Redemption of its Senior Secured Notes
Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce that it has completed a comprehensive refinancing of its credit facilities by entering into a new five year $135 million (USD) term loan (the “Term Loan”) with Silver Point Finance, LLC (“Silver Point”) and a new $40 million (CND) revolving asset-backed loan (“CIBC ABL”) facility with the Canadian Imperial Bank of Commerce (“CIBC”).
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About Source Energy Services
Source Energy Services was the first company in Canada to offer unit-train capable terminals. Since then, we have evolved to offer services at every step of the supply chain, and continue to break boundaries to help shape the future of the oil and gas industry. With operations throughout Western Canada, Source is well-connected when it comes to networks, resources, and experience in managing the transportation and storage of proppant and well completion chemicals.
We have proven experience in logistics, are the leading supplier of frac sand in the WCSB, and have the best in class proppant storage solution - the Sahara - for your well site.