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Western Energy Services Corp
Suite 1700, 215 - 9th Avenue SW
Phone: (403) 266-0667p:403 266-0667 CALGARY, AB  T2P 1K3  Canada Ticker: WRGWRG
Business Summary
Western Energy Services Corp. is a Canada-based energy services company that provides contract drilling services in Canada and in the United States and production services in Canada through its various divisions, its subsidiary, and its first nations relationships. The Company's services include Horizon Drilling, Stoneham Drilling, Eagle Well Servicing and Aero Rental Services. Its contract drilling business includes drilling rigs along with related ancillary equipment. Its production services business includes well servicing rigs and related equipment, as well as rental equipment. It markets a fleet of approximately 41 drilling rigs specifically suited for drilling complex horizontal wells across Canada and the United States. The Company operates around 63 well servicing rigs. Its drilling rigs can include features such as AC power, top drive, dual fuel, automated pipe handling, automated catwalk, hydraulic substructure levelling, hydraulic BOP handling and Range III tubulars.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
1381 Drilling oil and gas wells
7359 Equipment rental and leasing, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Ronald P.Mathison 67 12/1/2013 12/17/2010
President, Chief Executive Officer, Founder, Director Alex R.Macausland 56 12/1/2013 12/8/2009
Chief Financial Officer GavinLane 6/17/2024 6/17/2024
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
AERO RENTALS SERVICES A DIVISION OF 1700 215 9 AVENUE SW CALGARY AB
Horizon Drilling Inc. 1700, 215 9th Avenue SW Calgary AB Canada
Pantera Drilling Income Trust 900, 606 - 4th Street SW Calgary AB Canada
IROC Energy Services Corp. 8113 49 Ave RED DEER AB Canada
Stoneham Drilling Corporation Suite 3250, 707 17th Street Denver CO United States

Business Names
Business Name
Aero Rental Services
AERO RENTALS SERVICES A DIVISION OF
Eagle Well Servicing
10 additional Business Names available in full report.

General Information
Number of Employees: 675 (As of 12/31/2023)
Outstanding Shares: 33,843,022 (As of 9/30/2024)
Shareholders: 36,653
Stock Exchange: TSE
Fax Number: (403) 984-5917


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Wednesday, November 20, 2024