CanElson Drilling Inc. news

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Trinidad Drilling Ltd. and CanElson Drilling Inc. merger gives scale in ...
CALGARY - Trinidad Drilling Ltd. and CanElson Drilling Inc. announced Thursday a $505-million merger they say will give them much-needed scale in the oilfield services sector.
CanElson, Trinidad Drilling to merge in $505M deal  CBC.ca
Trinidad Drilling acquires CanElson to set stage for oil-price recovery  The Globe and Mail
Trinidad Drilling Ltd. and CanElson Drilling Inc. Announce the Closing of ...
Trinidad Drilling Ltd. ("Trinidad") (TSX:TDG) and CanElson Drilling Inc. ("CanElson") (TSX:CDI) are pleased to announce that they have closed their previously announced strategic business combination (the "Transaction").
More pain in the oil patch: CanElson Drilling halves dividend, cuts capital ...
CALGARY - CanElson Drilling Inc. said Monday it will reduce its quarterly dividend by 50%, defer the completion of three new drilling rigs, and reduce its capital budget by 80% as a result of low crude oil and natural gas prices.
Oilfield services sector expects to cut 44% of spending plans  Calgary Herald
CanElson Drilling and others employ novel strategies to deal with labor shortages
In January, CanElson Drilling Inc. got a new partner. As it rang in 2013, the Calgary-based energy services company announced that it had reached an agreement with File Hills Qu'Appelle Tribal Council's business arm - FHQTC Developments LP.
CanElson Signs Five Drilling Rigs to Long-Term Contracts, Including Two ...
CALGARY, ALBERTA--(Marketwired - Nov. 4, 2014) - CanElson Drilling Inc. (TSX:CDI) announced today that it has signed five drilling rigs to long-term contracts, including three previously disclosed and under construction, as well as two new builds.
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CanElson Drilling COO signals optimism
Chart below reflects public-market transactions of common shares or unit trusts by company officers and directors. Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors.
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CanElson to combine with Trinidad
On June 11, Trinidad Drilling Ltd. and CanElson Drilling Inc. announced an combination worth $505 million. However, while the value of the deal is over half a billion dollars, just a small fraction of that will be paid in cash.
CanElson Drilling (CDLRF), Found With GuruFocus' Industry Overview Tool
CanElson Drilling Inc (CDLRF) operates land-based contract drilling rigs in Canada, Mexico and the U.S. for oil and natural gas exploration and development companies.
CanElson acquires Highkelly for $42 mln, boosts rig fleet
CanElson Drilling, Inc. (TSE:CDI), a provider of oilfield services, acquired Highkelly Drilling Ltd., a private Canadian drilling company, for $41.5 million, including debt.
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Rig contract termination fees boost Q2 revenue for Calgary's Trinidad Drilling
Trinidad has proposed the $505-million takeover of Calgary rival CanElson Drilling Inc., expected to close by Monday. On Friday, CanElson reported a second-quarter net loss of $1.7 million on revenue of $35 million compared with a profit of $5.5 ...