Type Public Industry Oilfield Services Number of employees 5,829 | Traded as TSX: TCW Revenue 2.21B (2012) CEO Dale M. Dusterhoft | |
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Key people CEO Dale Dusterhoft and President: Donald Luft Stock price TCW (TSE) CA$ 4.12 +0.07 (+1.73%)4 Apr, 4:00 PM GMT-4 - Disclaimer CFO Michael A. Baldwin (Finance) | ||
Trican well services
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.
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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.
In January 2013, it acquired i-TEC Well Solutions.