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).
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.
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.
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.
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.