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.
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.
18, 2013 /CNW/ - CanElson Drilling Inc. ("CanElson" or the "Company") (TSX: CDI) today announced that it has entered into an agreement with a syndicate of Underwriters pursuant to which the Underwriters have agreed to purchase on a bought deal basis ...
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.
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.