Source Energy Services Ltd. announced its financial results for the three months ended March 3. Sustained strength in oil and gas commodity prices continued to buoy strong activity levels in the Western Canadian Sedimentary Basin (WCSB), generating $80.7 million of sand revenue, an increase of 22%, over the first quarter of 2021.
Read MoreTag: Source Energy Services Ltd
Source Energy Services Reports Yearly Results
Source Energy Services Ltd. announced its financial results for the three and 12 months ended Dec. 31, 2021.
Read MoreThis Week’s Market Buzz
• At press time, oil prices rose as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the COVID-19 pandemic. Brent crude was up 21 cents, or 0.4%, at $48.46 a barrel. U.S. West Texas Intermediate oil was 11 cents, or 0.2%, higher at $45.39…
Read More