Driving Shareholder Value through Sustainable Operations - TSX: SHLE

Source is well positioned to grow its contracted base and benefit from E&Ps switching to direct sourcing and transitioning into manufacturing activities. Source’s consistent financial performance is supported by long-term contracts with large E&Ps and industry activity in the Montney and Duvernay. Our in-basin multi-product terminals and logistics offerings provide competitive advantage over domestic sand delivery competition in the WCSB.

Financial Reports

Upcoming Events


Source Energy Services 2020 Annual General Meeting of Shareholders

Source Energy Service’s 2020 Annual Meeting of Shareholders (the “AGM”), originally scheduled for May 8, 2020, has been postponed to an as-yet undetermined date. Further details of the postponed 2020 AGM will be shared as soon as they are known, and the appropriate notice will be provided.

Analyst Coverage

Source Energy Services Ltd. is followed by the analysts listed below. This list is being provided solely for your information and convenience and does not constitute or imply, by its reference or distribution, Source Energy Services Ltd.’s endorsement of or concurrence with such information, conclusions or recommendations made by these analysts. Please note that any opinions, estimates or forecasts regarding Source Energy Services Ltd.’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Source Energy Services Ltd. or its management.

Institution Analyst
ATB Capital Markets Tim Monachello
BMO Capital Markets John Gibson
Cormark Securities Inc. Garett Ursu
Stifel Canada Ian Gillies

SEDAR Profile

Our Presentations

Mandate of the Board

The members of our Board of Directors have the responsibility to oversee the conduct of the business of Source Energy Services Ltd. and to oversee the activities of management who are responsible for the day-to-day conduct of the business.

Click here to read our full Board Mandate

Click here to read the Position Description for the Chairman of the Board

Source has adopted a Majority Voting Policy regarding the election of Directors.

Click here to read our Majority Voting Policy

Board Committees

Our Board of Directors includes Audit, Compensation and Corporate Governance, Health, Safety and Environment, and Technical Committees.

The Audit Committee is comprised of Carrie Lonardelli (Chair), Jeff Belford, and Stew Hanlon.

Click here to read the Audit Committee Mandate

The Compensation and Corporate Governance Committee is comprised of Mick MacBean (Chair), Stew Hanlon, and Jim McMahon.

Click here to read the Compensation and Corporate Governance Committee Mandate

The Health, Safety and Environment Committee is comprised of Ken Seitz (Chair), Stew Hanlon, and Jim McMahon.

Click here to read the Health, Safety and Environment Committee Mandate

The Technical Committee is comprised of Jim McMahon (Chair), Ken Seitz, and Brad Thomson.

Click here to read the Technical Committee Mandate

Business Conduct and Ethics

Source Energy Services Ltd. and its subsidiaries are committed to conducting the business of the Company ethically and legally.

Click here to read Source’s Code of Business Conduct

Whistleblower Policy

Our Whistleblower Policy addresses the continuing commitment of Source Energy Services Ltd. and its subsidiaries to integrity and ethical behavior. This Policy establishes procedures that allow employees, contractors and suppliers of Source to confidentially and anonymously submit any concerns regarding activity that may be considered ethically, morally or legally questionable to the Chair of the Audit Committee of the Board of Directors without fear of discrimination, retaliation or harassment.

Click here to read Source’s Whistleblower Policy

Constating Documents

Notice and Access

Source is using Notice and Access which allows us to deliver the 2020 Management Information Circular to all shareholders by posting it and other related materials online, instead of mailing the documents. Notice and Access is more environmentally friendly as it helps reduce paper use and our carbon footprint and it should also reduce our printing and postage costs.

Shareholders who would like a paper copy of the 2020 Management Information Circular and/or related materials can request same as follows:

1-888-256-4758 (toll-free in Canada and the United States)


You can access Source’s 2020 Management Information Circular by clicking on the ‘Notice and Access Documents’ link below.

Annual Documents

You are now leaving the Source Energy Services Ltd. website and going to a third-party website. Third-party websites are not owned, operated or controlled by Source Energy Services Ltd. or its subsidiaries or affiliates (collectively “Source”). By making these links available, Source is not endorsing any third-party website, including but not limited to their products, services or page owners. Source is also not responsible for the content of any third-party website, nor does it make any representation or warranty of any kind regarding any third-party website.