Western Canadian Select (WCS) crude fell to USD $22.84 at the end of last week, a record USD $48.50 below West Texas Intermediate (WTI) crude’s trading price of USD $71.34. The WTI-WCS differential last week was 68%, the biggest differential in at least 10 years ... Read More>


Precision Drilling Ltd. (TSX:PD) announced the $1.03 billion acquisition of Trinidad Drilling Ltd., including the assumption of $477 million in net debt. The bid triumphs the hostile bid from Ensign Energy Services (TSX:ESI) by ~9%. The combined company will have more than ... Read More> 


ClearStream Energy Services Inc. announced the $2.5 million acquisition of AFX Materials and Fabrication Ltd., a specialized manufacturer of wear resistant chromium carbide overlay and structural steel fabrication with operations primarily in Alberta. The acquisition ... Read More>