Western Energy Services Corp. is an oilfield service company based in Canada, providing contract drilling services through its division Horizon Drilling in Canada and through its wholly-owned subsidiary Stoneham Drilling Corporation in the United States. Additionally, the company offers well servicing through its division Eagle Well Servicing and oilfield rental services through its division Aero Rental Services.
The company's key principles include attracting and training best-in-class people to deliver products and services to a strong customer base, promoting a safe and progressive work environment, optimizing and managing assets to deliver quality products and services, and managing its balance sheet for controlled strategic growth.
Since its establishment in 1996, Western Energy Services Corp. has become Canada's sixth largest drilling company and seventh largest well servicing company. Moreover, it received a $31.24K investment in a post-IPO secondary investment from Armco Capital on 29 May 2020.
With its understanding of the industry, operational expertise, and quality equipment, Western Energy Services Corp. has positioned itself as a significant player in the Energy, Renewable Energy, Oil and Gas industries. The company's commitment to excellence and safety, combined with its strategic growth and market positioning, presents an interesting prospect for potential investors.