Investors

News Releases

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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.

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5
May
May 5, 2022
Source Energy Services Reports Q1 2022 Results

Source Energy Services Ltd. is pleased to announce its 2022 first quarter financial results.

17
May
May 17, 2022
Source Energy Services Announces Decision To Utilize Interest Payment Grace Period

Source Energy Services Ltd. (“Source” or the “Company”) announced today that it has elected to utilize the 30-day grace period (the “Grace Period”) under the indenture governing its 10.5% senior secured first lien notes due March 15, 2025 (the “Senior Notes”).

6
May
May 6, 2022
Source Energy Services Reports 2022 AGM Voting Results

Source Energy Services Ltd. reports results from its 2022 annual meeting of shareholders held on May 6, 2022.

14
Apr
April 14, 2022
Source Energy Services Announces Upcoming Earnings Release and Annual General Meeting

Source Energy Services Ltd. (“Source”) is pleased to announce that its first quarter financial results for the period ending March 31, 2022, will be released following the Toronto Stock Exchange market close on Thursday, May 5, 2022.

12
Apr
April 12, 2022
Source Energy Services Enters into a Transaction with Canadian Silica Industries to Assume Operation of its Peace River Frac Sand Facility

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce that it has entered into agreements (the “Transaction”) with Canadian Silica Industries Inc. and Contractor’s Leasing Corp. (collectively, “CSI”) which will result in Source assuming all operations, distribution, and sale of domestic frac sand from CSI’s Peace River facility.

10
Mar
March 10, 2022
Source Energy Services Reports Q4 2021 and Year End Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and twelve months ended December 31, 2021.

30
Mar
March 30, 2022
Source Energy Services Announces the Retirement of Brad Thomson and the Appointment of Scott Melbourn as President and Chief Executive Officer

The Board of Directors of Source Energy Services Ltd. (“Source” or the “Company”) announced today that Mr. Brad Thomson has elected to retire as President and Chief Executive Officer and as a director of the Company. Mr. Scott Melbourn has been appointed President and Chief Executive Officer and will be appointed as a member of the Board.

31
Mar
March 31, 2022
Source Energy Services Announces Appointment of Scott Melbourn as Director

The Board of Directors of Source Energy Services Ltd. (“Source”) announced today that Mr. Scott Melbourn has been appointed as a member of the Board of Directors of Source to fill the vacancy created by the resignation of Mr. Brad Thomson.

4
Nov
November 4, 2021
Source Energy Services Reports Q3 2021 Results

Source Energy Services Ltd. is pleased to announce its 2021 third quarter financial results.

31
Jan
January 31, 2022
Source Energy Services Announces Changes to its Board of Directors and Upcoming Earnings Release

Source Energy Services Ltd. (“Source” or the “Company”) announces changes to its Board of Directors and upcoming Earnings Release.

4
Oct
October 4, 2021
Source Energy Services Announces Upcoming Earnings

Source Energy Services Ltd. (“Source”) is pleased to announce that its third quarter financial results for the period ending September 30, 2021, will be released following the Toronto Stock Exchange market close on Thursday, November 4, 2021.

14
Oct
October 14, 2021
Source Energy Services Comments on Trading Activity

Source Energy Services Ltd. (“Source” or the “Company”) is issuing this press release in response to a request from the Investment Industry Regulatory Organization of Canada (“IIROC”) to comment on the recent trading activity of its stock.

28
Jul
July 28, 2021
Source Energy Services Reports Q2 2021 Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its 2021 second quarter financial results.

7
May
May 7, 2021
Source Energy Services Reports 2021 AGM Voting Results

Source Energy Services Ltd. (“Source” or the “Company”) reports results from its annual meeting of shareholders held May 7, 2021 (the “Meeting”).

7
Apr
April 7, 2021
Source Energy Services Announces Upcoming Earnings Release and Annual General Meeting

Source Energy Services Ltd. (“Source”) is pleased to announce that its first quarter financial results for the period ending March 31, 2021, will be released following the Toronto Stock Exchange market close on Wednesday, May 5, 2021. Source also wishes to announce that its 2021 Annual Meeting of Shareholders (the “AGM”) will be held on Friday, May 7, 2021.

7
Jul
July 7, 2021
Source Energy Services Announces Contracts with Two Key E&P Companies Operating in the Montney

Source Energy Services Ltd. (“Source”) is pleased to announce that it has entered into a new contract with Pipestone Energy Corp. (“Pipestone”) and has extended and expanded its relationship with a major Montney Producer.

27
Nov
November 27, 2020
Source Energy Obtains Court Approval of its Recapitalization Transaction

Source Energy Services Ltd. (together with its affiliates, “Source” or the “Company”) obtains court approval of its Recapitalization Transaction.

19
Mar
March 19, 2021
Source Energy Services Reports Q4 2020 and Year End Results

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and twelve months ended December 31, 2020.

5
May
May 5, 2021
Source Energy Services Reports Q1 2021 Results and Other Matters

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its 2021 first quarter financial results.

30
Jun
June 30, 2021
Source Energy Services Announces Upcoming Earnings

Source Energy Services Ltd. (“Source”) is pleased to announce that its second quarter financial results for the period ending June 30, 2021, will be released following the Toronto Stock Exchange market close on Wednesday, July 28, 2021.

10
Feb
February 10, 2021
Source Energy Services Announces Upcoming Earnings Release

Source Energy Services Ltd. (“Source”) is pleased to announce that its fourth quarter financial results for the period ending December 31, 2020, will be released following the Toronto Stock Exchange market close on March 18, 2021.

30
Dec
December 30, 2020
Source Completes Recapitalization Transaction

Source Energy Services Ltd. (together with its affiliates, “Source” or the “Company”) is pleased to announce the completion of its recapitalization transaction.

25
Nov
November 25, 2020
Source Energy Noteholders and Shareholders Overwhelmingly Approve Recapitalization Transaction

Source Energy Services Ltd. (together with its affiliates, “Source” or the “Company”) announced today that Noteholders and Shareholders overwhelmingly approve Recapitalization Transaction.

23
Nov
November 23, 2020
Source Energy Services Provides Update on its Recapitalization Transaction and its Plan of Arrangement

Source Energy Services Ltd. (together with its affiliates, “Source” or the “Company”) provides update on its Recapitalization Transaction and its Plan of Arrangement.

8
Oct
October 8, 2020
Source Energy Announces Recapitalization Transaction with Substantial Support of Key Stakeholders

Source Energy Services Ltd. (together with its affiliates, “Source” or the “Company”) announced today a proposed recapitalization transaction designed to provide the Company with a stronger, long-term capital structure to withstand current industry challenges and build on its position as the largest frac sand provider in the Western Canadian sedimentary basin.