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News Releases
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Source Energy Services Reports Record Performance in the Third Quarter
Source Energy Services Ltd. (the "Company") is pleased to announce Source's (as defined in the Interim MD&A) third quarter 2017 results.
Source Energy Services Ltd. Announces Duvernay Agreement
Source Energy Services Ltd. (TSX: SHLE) ("Source" or the "Company") is pleased to announce it has entered into an agreement with a multinational exploration and production company whereby Source will provide for the term of the contract: I) Northern White frac sand from Source's recently commissioned unit train capable terminal in Fox Creek Alberta; II) logistics management services; and III) wellsite storage services.
Source Energy Services Announces James McMahon has Entered into an Automatic Securities Disposition Plan
Source Energy Services Ltd. ("Source" or the "Company") announces that James McMahon has entered into an automatic securities disposition plan.
Source Energy Services Announces Upcoming Earnings Release
Source Energy Services Ltd. (the "Company" or "Source") is pleased to announce that its third quarter financial results will be released prior to the Toronto Stock Exchange market open on November 13, 2017.
Source Energy Services Reports Strong Second Quarter Results
Source Energy Services Ltd. (the "Company") is pleased to announce Source's (as defined in the Interim MD&A) second quarter 2017 results.
Source Energy Services Ltd. Announces Completion of the Acquisition of Preferred Sands’ Wisconsin Mine, Processing Facility and Canadian Frac Sand Assets and Related Financings, including Exercise of Underwriters Over-Allotment Option
Source Energy Services Ltd. (the “Company” or “Source”) is pleased to announce that it has completed its previously announced acquisition (the “Acquisition”) of a Northern White proppant mine in Blair, Wisconsin, two frac sand terminals located in Chetwynd, and Fort Nelson, British Columbia and exploration rights to more than 3,600 acres of land in the Peace River Valley of Alberta, from certain affiliates of Preferred Proppants, LLC, for total consideration of U.S.$80 million (approximately $100 million) cash, subject to post-closing adjustments.
Source Energy Services Ltd. Announces Acquisition of Preferred Sands’ Wisconsin Mine, Processing Facility and Canadian Frac Sand Assets as well as $90 Million in Equity Financings and an Expected Increase in its Revolver Limit Under its Credit Facilities
Source Energy Services Ltd. (the “Company” or “Source”) is pleased to announce that it has entered into an asset purchase agreement (the “Acquisition Agreement”) to acquire (the “Acquisition”) a Northern White proppant mine in Blair, Wisconsin (the “Blair II Facility”), two large frac sand terminals located in Chetwynd, and Fort Nelson, British Columbia and exploration rights to more than 3,600 acres of land in the Peace River Valley of Alberta (the “Peace River Sand Deposit”), from certain affiliates of Preferred Proppants, LLC (“Preferred”). The consideration for the Acquisition includes U.S.$80 million in cash, subject to closing and post-closing adjustments. The Company will host a conference call on October 17, 2017 at 3:00 p.m. MST (5:00 p.m. ET).
Source Energy Services Reports 49% Sales Growth and Mine Acquisition
CALGARY, May 15, 2017 /CNW/ - Source Energy Services Ltd. (the "Company") is pleased to announce Source's (as defined in the Interim MD&A) first quarter 2017 results.
Source Energy Services Provides an Update and Announces Upcoming Earnings Release
Source Energy Services Ltd. ("Source" or the "Company") (TSX: SHLE) is pleased to provide the following update on its acquisition of its second unit-train capable production facility in Wisconsin, its Canadian terminal expansion program, and the expansion of its wellsite solutions fleet.
Source Energy Services Ltd. completes acquisition of Sand Products
Source Energy Services Ltd. (TSX: SHLE) (the “Company” or “Source”) is pleased to announce the closing of its previously announced acquisition of Sand Products Wisconsin LLC (“Sand Products”) for total proceeds of USD$45,000,000.
Source Energy Services Ltd. Files Preliminary Prospectus For Initial Public Offering Of Common Shares
Source Energy Services Ltd. (the “Company” or “Source”) is pleased to announce that it has filed a preliminary long form prospectus (the “Prospectus”) with the securities commissions of each of the provinces and territories of Canada, except Québec, in connection with an initial public offering of its common shares as well as a secondary offering of common shares by entities controlled by TriWest Capital Partners and certain other shareholders of the Company (collectively, the “Offering”).
Source Energy Services Ltd. Completes $175 Million Initial Public Offering
Source Energy Services Ltd. (TSX:SHLE) (the "Company" or "Source") is pleased to announce that it has completed its previously announced initial public offering (the "Offering") of 16,666,667 common shares ("Common Shares") at a price of $10.50 per Common Share ("Offering Price") for aggregate gross proceeds of approximately $175 million.
Source Energy Services Ltd. Prices Initial Public Offering and Files Final Prospectus
Source Energy Services Ltd. (the "Company" or "Source") is pleased to announce that it has priced the initial public offering (the "Offering") of 16,666,667 common shares ("Common Shares") at a price of $10.50 per Common Share ("Offering Price") for aggregate gross proceeds of approximately $175 million.