Trican Well Service

Trican Well Service Ltd.
Public
Traded as TSX: TCW
Industry Oilfield Services
Founded Lloydminster, Alberta, Canada (1979)
Headquarters Calgary, Alberta, Canada
Key people
 CEO Dale Dusterhoft and President: Donald Luft
Revenue 2.21B (2012)
Number of employees
 5,829[1]
Website www.trican.ca

Trican Well Service Ltd. is an oilfield services corporation headquartered in Calgary, Alberta, Canada with operations in Alberta, British Columbia, Manitoba and Saskatchewan, Canada as well as, the United States . Trican maintains an employee count in Canada of over 1300 people and provides a wide range of services including acidizing, coiled tubing, fracturing, nitrogen pumping, cementing, microseismic, and industrial services. Trican is publicly traded on the Toronto Stock Exchange.

History

Trican Well Service was initially founded in 1979 as a private corporation by two cousins and a former colleague on a farm near Marshall, Saskatchewan before it was moved to the Glenn E. Neilson industrial park in Lloydminster, Alberta in 1981. In December 1996, the company went public while a simultaneous change in management occurred. Since then, Trican has expanded its Canadian operations to include fifteen operational bases (twelve in Alberta, two in northern British Columbia, one in Manitoba and one in Saskatchewan) and began operations in the United States and Russia under Liberty Pressure Pumping and Newco Well Service respectively. In 2007 Trican began operations in Algeria.

In 2012 Trican posted a revenue of 2.21B CDN with a net income of 53.7M CDN.[2]

In October 2008, Trican was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc., and was featured in Maclean's newsmagazine. Later that month, Trican was also named one of Alberta's Top Employers, which was announced by the Calgary Herald[3] and the Edmonton Journal.[4][5]

In January 2013, it acquired i-TEC Well Solutions.

The company won the 2013 New Technology Development Oil & Gas Award in the Rocky Mountains for its TriFrac-MLT.[6]

See also

References

  1. ↑ "Annual Information Form for Trican Well Service Ltd (CA;TCW)" (PDF). Retrieved 2013-03-21.
  2. ↑ Trican Well Service
  3. ↑ "Calgary Herald, "Alberta's top 40 places to work", October 18, 2008".
  4. ↑ "Edmonton Journal, "Alberta's best focus on attracting, keeping staff", October 31, 2008".
  5. ↑ "Reasons for Selection, 2009 Canada's Top 100 Employers Competition".
  6. ↑ "Oil & Gas Awards". Retrieved 14 April 2014.
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