Investors

News Releases

Train cars extending into the horizon

Due to changes in the Competition Act, archived information is provided solely for historical information and reference purposes. This information does not constitute an active representation of Source Energy Services.

Source Energy Services fully disclaims any liability for the use of such information and undertakes no obligation to update such information except as required by applicable law.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
31
May
May 31, 2018
Source Energy Services Ltd. Announces Closing of $50M Senior Secured Notes Offering

Source Energy Services Ltd. (the "Company" or "Source") is pleased to announce that its wholly-owned subsidiaries Source Energy Services Canada LP and Source Energy Services Canada Holdings Ltd. have closed the previously announced offering of an additional $50 million aggregate principal amount of 10.5% senior secured first lien notes due December 15, 2021 (the "Notes") by way of private placement (the "Private Placement").

21
Dec
December 21, 2017
Source Energy Services Ltd. Announces the Opening of its Fox Creek Unit Train Terminal and its 2018 Capital Budget

Source Energy Services Ltd. ("Source" or the "Company") is pleased to announce the commencement of operations at its newest unit train terminal in Fox Creek, Alberta and its 2018 capital budget.

14
Mar
March 14, 2018
Source Energy Services Reports Solid Performance in the Fourth Quarter to Complete a Transformative Year

Source Energy Services Ltd. ("Source" or the "Company") is pleased to announce its 2017 annual and fourth quarter results.

20
Feb
February 20, 2018
Source Energy Services Ltd. Provides First Quarter Operational Updates

Source Energy Services Ltd. (TSX: SHLE) ("Source" or the "Company") is pleased to provide the following operational update.

10
Apr
April 10, 2018
Source Energy Services Announces Upcoming Earnings Release and Annual General Meeting Dates

Source Energy Services Ltd. (the "Company" or "Source") is pleased to announce that its first quarter financial results for the period ending March 31, 2018, will be released following the Toronto Stock Exchange market close on May 2, 2018. A conference call has been scheduled for 7:30 am MT (9:30 am ET) on May 3, 2018 for interested analysts, investors and media representatives.

12
Mar
March 12, 2018
Source Energy Services Announces Upcoming Earnings Release

Source Energy Services Ltd. (the "Company" or "Source") is pleased to announce that its fourth quarter financial results will be released after the Toronto Stock Exchange market close on March 14, 2018.

23
Nov
November 23, 2017
Source Energy Services Announces James McMahon has Entered into an Automatic Securities Disposition Plan

Source Energy Services Ltd. ("Source" or the "Company") announces that James McMahon has entered into an automatic securities disposition plan.

13
Nov
November 13, 2017
Source Energy Services Reports Record Performance in the Third Quarter

Source Energy Services Ltd. (the "Company") is pleased to announce Source's (as defined in the Interim MD&A) third quarter 2017 results.

7
Mar
March 7, 2018
Source Energy Services Ltd. Announces Duvernay Agreement

Source Energy Services Ltd. (TSX: SHLE) ("Source" or the "Company") is pleased to announce it has entered into an agreement with a multinational exploration and production company whereby Source will provide for the term of the contract: I) Northern White frac sand from Source's recently commissioned unit train capable terminal in Fox Creek Alberta; II) logistics management services; and III) wellsite storage services.

19
Jan
January 19, 2018
Source Energy Services Ltd. Files Updated NI 43-101 Technical Reports for its Mineral Projects in Wisconsin, United States

Source Energy Services Ltd. ("Source" or the "Company") is pleased to announce that it has filed with the applicable Canadian securities regulatory authorities updated National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") technical reports for each of its three mineral projects in Wisconsin, United States (collectively, the "Technical Reports").

7
Nov
November 7, 2017
Source Energy Services Ltd. Announces Completion of the Acquisition of Preferred Sands’ Wisconsin Mine, Processing Facility and Canadian Frac Sand Assets and Related Financings, including Exercise of Underwriters Over-Allotment Option

Source Energy Services Ltd. (the “Company” or “Source”) is pleased to announce that it has completed its previously announced acquisition (the “Acquisition”) of a Northern White proppant mine in Blair, Wisconsin, two frac sand terminals located in Chetwynd, and Fort Nelson, British Columbia and exploration rights to more than 3,600 acres of land in the Peace River Valley of Alberta, from certain affiliates of Preferred Proppants, LLC, for total consideration of U.S.$80 million (approximately $100 million) cash, subject to post-closing adjustments.

18
Apr
April 18, 2017
Source Energy Services Ltd. completes acquisition of Sand Products

Source Energy Services Ltd. (TSX: SHLE) (the “Company” or “Source”) is pleased to announce the closing of its previously announced acquisition of Sand Products Wisconsin LLC (“Sand Products”) for total proceeds of USD$45,000,000.

17
Oct
October 17, 2017
Source Energy Services Ltd. Announces Acquisition of Preferred Sands’ Wisconsin Mine, Processing Facility and Canadian Frac Sand Assets as well as $90 Million in Equity Financings and an Expected Increase in its Revolver Limit Under its Credit Facilities

Source Energy Services Ltd. (the “Company” or “Source”) is pleased to announce that it has entered into an asset purchase agreement (the “Acquisition Agreement”) to acquire (the “Acquisition”) a Northern White proppant mine in Blair, Wisconsin (the “Blair II Facility”), two large frac sand terminals located in Chetwynd, and Fort Nelson, British Columbia and exploration rights to more than 3,600 acres of land in the Peace River Valley of Alberta (the “Peace River Sand Deposit”), from certain affiliates of Preferred Proppants, LLC (“Preferred”). The consideration for the Acquisition includes U.S.$80 million in cash, subject to closing and post-closing adjustments. The Company will host a conference call on October 17, 2017 at 3:00 p.m. MST (5:00 p.m. ET).

15
May
May 15, 2017
Source Energy Services Reports 49% Sales Growth and Mine Acquisition

CALGARY, May 15, 2017 /CNW/ - Source Energy Services Ltd. (the "Company") is pleased to announce Source's (as defined in the Interim MD&A) first quarter 2017 results.

2
Aug
August 2, 2017
Source Energy Services Reports Strong Second Quarter Results

Source Energy Services Ltd. (the "Company") is pleased to announce Source's (as defined in the Interim MD&A) second quarter 2017 results.

19
Oct
October 19, 2017
Source Energy Services Announces Upcoming Earnings Release

Source Energy Services Ltd. (the "Company" or "Source") is pleased to announce that its third quarter financial results will be released prior to the Toronto Stock Exchange market open on November 13, 2017.

11
Jul
July 11, 2017
Source Energy Services Provides an Update and Announces Upcoming Earnings Release

Source Energy Services Ltd. ("Source" or the "Company") (TSX: SHLE) is pleased to provide the following update on its acquisition of its second unit-train capable production facility in Wisconsin, its Canadian terminal expansion program, and the expansion of its wellsite solutions fleet.

13
Feb
February 13, 2017
Source Energy Services Ltd. Files Preliminary Prospectus For Initial Public Offering Of Common Shares

Source Energy Services Ltd. (the “Company” or “Source”) is pleased to announce that it has filed a preliminary long form prospectus (the “Prospectus”) with the securities commissions of each of the provinces and territories of Canada, except Québec, in connection with an initial public offering of its common shares as well as a secondary offering of common shares by entities controlled by TriWest Capital Partners and certain other shareholders of the Company (collectively, the “Offering”).

13
Apr
April 13, 2017
Source Energy Services Ltd. Completes $175 Million Initial Public Offering

Source Energy Services Ltd. (TSX:SHLE) (the "Company" or "Source") is pleased to announce that it has completed its previously announced initial public offering (the "Offering") of 16,666,667 common shares ("Common Shares") at a price of $10.50 per Common Share ("Offering Price") for aggregate gross proceeds of approximately $175 million.

7
Apr
April 7, 2017
Source Energy Services Ltd. Prices Initial Public Offering and Files Final Prospectus

Source Energy Services Ltd. (the "Company" or "Source") is pleased to announce that it has priced the initial public offering (the "Offering") of 16,666,667 common shares ("Common Shares") at a price of $10.50 per Common Share ("Offering Price") for aggregate gross proceeds of approximately $175 million.