Pure Energy intends to finance the increased capital expenditures via operating cash flow and existing credit facilities.
Pure Energy is an oilfield services company that provides completion and drilling related services to oil and gas exploration and development entities in the Western Canadian Sedimentary Basin ("WCSB") and, through its wholly-owned subsidiary, Pure Energy Services (USA), Inc., in the Rocky Mountain region of the United States.
Pure Energy currently provides logging and perforating, production testing, multiline, drilling and pressure transient analysis services to customers in the WCSB, and also provides production testing and logging and perforating services to customers in the Rocky Mountain region. Pure Energy anticipates offering fracturing services in the Rocky Mountain region beginning in the second half of 2006.
Most Popular Articles
From the Career Center
Jobs that may interest you