Canadian Energy (CESDF) 9.5794 $CESDF
Canadian Energy Services & Technology Corp. Announces a New $200 Million Syndicated Credit Facility and the Closing of the Acquisition of Southwest Treating Products, LLC
Marketwire - Fri Sep 05, 4:59PM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company"
(TSX: CEU)(OTCQX: CESDF) is pleased to announce that it has entered into a new credit facility with a syndicate of lenders led by the Bank of Nova Scotia as Sole Lead Arranger and Sole Administrative Agent. The new credit facility represents an increase to the Company's credit facilities to $200 million from the previous $150 million facility. The new credit facility has a term to maturity of three years, maturing on September 30, 2017 and may be extended by one year upon the agreement of the lenders and CES. In addition, subject to certain terms and conditions, the Company may increase its new credit facility by $100 million to a maximum borrowing of $300 million. The terms in the new credit facility relating to pricing margins on drawn amounts and financial covenants are consistent with the terms of the Company's previous credit facility.
Canadian Energy Services & Technology Corp. Announces Acquisition of Southwest Treating Products, LLC
Marketwire - Fri Aug 29, 6:46AM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company" (TSX: CEU)(OTCQX: CESDF) is pleased to announce that it has entered into an agreement to acquire all of the production and specialty chemical business assets of Southwest Treating Products, LLC. ("Southwest" . The acquisition of Southwest will accelerate the expansion of Company's US production and specialty chemicals operations into the west Texas Permian Basin and the Eagle Ford shale in south Texas through its wholly owned subsidiary Jacam Chemicals 2013, LLC ("JACAM" . The effective date of the transaction is September 1, 2014, with closing expected to occur on or about September 5, 2014. Consistent with previous acquisitions completed by CES, consideration will be a combination of cash and CES common shares escrowed over a three year period. In addition key employees have agreed to employment contracts along with non-compete and non-solicit commitments. Established in 2006, and headquartered in Sonora Texas, Southwest is a west Texas based private production and specialty chemical company that provides production and specialty chemical solutions for a number of leading oil and natural gas companies.
North American Drilling Fluids (WBF, OBF and SBF) Market Forecasts and Opportunities, 2019
M2 - Tue Aug 26, 6:09AM CDT
Research and Markets (http://www.researchandmarkets.com/research/z597ss/drilling_fluids) has announced the addition of the "Drilling Fluids Market - North America Industry Analysis, Size Share, Growth, Trends and Forecast 2012 - 2019" report to their offering. Drilling fluids play an important role in the drilling process for bore wells, mineral extraction and oil and gas extraction. These fluids, also known as drilling mud are used to carry rock cuttings to the surface, and lubricate and cool the drill bits and also maintain stability of the well. In addition, drilling fluids also function as biocides and weighing agents, emulsifiers, defoamers, filtration reducers, shale inhibitors, corrosion inhibitors, with specific additives. Drilling fluids are classified as OBF, WBF and SBF. These drilling fluids are used in water bore wells, in oil and gas extraction or metal and mineral extraction. This research is designed to estimate, analyze, and forecast market revenue of drilling fluids across the North America market. The research provides in-depth analysis of the market size of drilling fluids, in terms of revenue. The report covers key applications and product segments of the drilling fluids market. It also provides detailed analysis, historical data and statistically refined forecast for the segments covered. The market size for drilling fluids has been estimated on the basis of indicators in product segments. This report also discusses various applications of drilling fluids. The major applications considered under the drilling fluids market cover the onshore and offshore oil and gas applications. The key product segments analyzed in this report include Water based fluids (WBFs), Oil based fluids (OBFs) and Synthetic based fluids (SBFs). Furthermore, the market is analyzed based on geography that constitutes countries such as the U.S., Canada and Mexico. The price for drilling fluid is volatile in nature and changes depending upon the application and product type. There is slight reduction in per product profit margin; however, the overall profit margins are increasing as the demand for drilling fluids is expected to continue increasing at a tremendous rate. Schlumberger Technology Corporation is one of the leading players in drilling fluids market in North America that held substantial market share in 2012. The merger with M-I SWACO aided the company to reinforce their position in the North America market. Halliburton Company is one of the major players among oilfield service companies. An extensive product portfolio with worldwide presence provides the company with competitive advantage in the drilling fluids market. Report Scope North America Drilling Fluids Market: Application Analysis - Onshore Oil and Gas - Offshore Oil and Gas North America Drilling Fluids Market: Product Segment Analysis - Oil Based Fluids (OBFs) - Synthetic Based Fluids (SBFs) - Water Based Fluids (WBFs) Companies Mentioned - Anchor Drilling Fluids USA Inc. - Baker Hughes Incorporated - Canadian Energy Services & Technology Corp. - China Oilfield Services Limited - Halliburton Company - National Oilwell Varco - Newpark Resources Inc. - Schlumberger Technology Corporation - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/z5...ing_fluids
Canadian Energy Services & Technology Corp. Announces Results for the Second Quarter 2014 and Declares Increased Cash Dividend
Marketwire - Wed Aug 13, 3:11PM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company" (TSX: CEU)(OTCQX: CESDF) is pleased to report on its financial and operating results for the three and six months ended June 30, 2014. Further, CES announced today that it will pay a cash dividend of $0.0275 per common share on September 15, 2014 to the shareholders of record at the close of business on August 29, 2014, representing an increased dividend of $0.0025 per common share or 10% to the monthly dividend. This is the eleventh dividend increase implemented by CES since converting to a corporate structure on January 1, 2010 and the third dividend increase in fiscal 2014.
Canadian Energy Services & Technology Corp. Announces Cash Dividend
Marketwire - Thu Jul 17, 4:04PM CDT
Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation" (TSX: CEU)(OTCQX: CESDF) announced today that it will pay a cash dividend of $0.025 per common share on August 15, 2014, to the shareholders of record at the close of business on July 31, 2014. The cash dividend of $0.025 per common share reflects the previously announced stock split of the Corporation's issued and outstanding common shares on a three-for-one basis.
Canadian Energy Services & Technology Corp. Announces Record Results for the Fourth Quarter and the Year Ended December 31, 2013 and Declares Increased Cash Dividend
Marketwire - Thu Mar 13, 5:39PM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company" (TSX: CEU)(OTCQX: CESDF) is pleased to report on its financial and operating results for the three and twelve months ended December 31, 2013. Further, CES announced today that it will pay a cash dividend of $0.07 per common share on April 15, 2014 to the shareholders of record at the close of business on March 31, 2014, representing an increased dividend of $0.005 per common share or 8% to the monthly dividend. This is the ninth dividend increase implemented by CES since converting to a corporate structure on January 1, 2010.
10-Q: DEWEY ELECTRONICS CORP
Edgar Online - Thu Feb 13, 1:49PM CST
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Canadian Energy Services & Technology Corp. Announces Cash Dividend and Appointment of New Director
Marketwire - Thu Sep 12, 4:42PM CDT
Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation" (TSX: CEU)(OTCQX: CESDF) announced today that it will pay a cash dividend of $0.06 per common share on October 15, 2013, to the shareholders of record at the close of business on September 30, 2013.
Canadian Energy Services & Technology Corp. Announces Results for the Second Quarter Ended June 30, 2013 and Declares Increased Cash Dividend
Marketwire - Wed Aug 14, 5:29PM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company" (TSX: CEU) (OTCQX: CESDF) is pleased to report on its financial and operating results for the three and six months ended June 30, 2013. Further, CES announced today that it will pay a cash dividend of $0.06 per common share on September 13, 2013 to the shareholders of record at the close of business on August 30, 2013, representing an increased dividend of $0.005 per common share or 9% to the monthly dividend. This is the seventh dividend increase announced by CES since converting to a corporate structure on January 1, 2010.
Canadian Energy Services & Technology Corp. Announces a New $200 Million Syndicated Credit Facility and the Closing of the Acquisition of Southwest Treating Products, LLC
Marketwire - Fri Sep 05, 4:59PM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company"
(TSX: CEU)(OTCQX: CESDF) is pleased to announce that it has entered into a new credit facility with a syndicate of lenders led by the Bank of Nova Scotia as Sole Lead Arranger and Sole Administrative Agent. The new credit facility represents an increase to the Company's credit facilities to $200 million from the previous $150 million facility. The new credit facility has a term to maturity of three years, maturing on September 30, 2017 and may be extended by one year upon the agreement of the lenders and CES. In addition, subject to certain terms and conditions, the Company may increase its new credit facility by $100 million to a maximum borrowing of $300 million. The terms in the new credit facility relating to pricing margins on drawn amounts and financial covenants are consistent with the terms of the Company's previous credit facility. Canadian Energy Services & Technology Corp. Announces Acquisition of Southwest Treating Products, LLC
Marketwire - Fri Aug 29, 6:46AM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company"
(TSX: CEU)(OTCQX: CESDF) is pleased to announce that it has entered into an agreement to acquire all of the production and specialty chemical business assets of Southwest Treating Products, LLC. ("Southwest" . The acquisition of Southwest will accelerate the expansion of Company's US production and specialty chemicals operations into the west Texas Permian Basin and the Eagle Ford shale in south Texas through its wholly owned subsidiary Jacam Chemicals 2013, LLC ("JACAM" . The effective date of the transaction is September 1, 2014, with closing expected to occur on or about September 5, 2014. Consistent with previous acquisitions completed by CES, consideration will be a combination of cash and CES common shares escrowed over a three year period. In addition key employees have agreed to employment contracts along with non-compete and non-solicit commitments. Established in 2006, and headquartered in Sonora Texas, Southwest is a west Texas based private production and specialty chemical company that provides production and specialty chemical solutions for a number of leading oil and natural gas companies. North American Drilling Fluids (WBF, OBF and SBF) Market Forecasts and Opportunities, 2019
M2 - Tue Aug 26, 6:09AM CDT
Research and Markets (http://www.researchandmarkets.com/research/z597ss/drilling_fluids) has announced the addition of the "Drilling Fluids Market - North America Industry Analysis, Size Share, Growth, Trends and Forecast 2012 - 2019" report to their offering. Drilling fluids play an important role in the drilling process for bore wells, mineral extraction and oil and gas extraction. These fluids, also known as drilling mud are used to carry rock cuttings to the surface, and lubricate and cool the drill bits and also maintain stability of the well. In addition, drilling fluids also function as biocides and weighing agents, emulsifiers, defoamers, filtration reducers, shale inhibitors, corrosion inhibitors, with specific additives. Drilling fluids are classified as OBF, WBF and SBF. These drilling fluids are used in water bore wells, in oil and gas extraction or metal and mineral extraction. This research is designed to estimate, analyze, and forecast market revenue of drilling fluids across the North America market. The research provides in-depth analysis of the market size of drilling fluids, in terms of revenue. The report covers key applications and product segments of the drilling fluids market. It also provides detailed analysis, historical data and statistically refined forecast for the segments covered. The market size for drilling fluids has been estimated on the basis of indicators in product segments. This report also discusses various applications of drilling fluids. The major applications considered under the drilling fluids market cover the onshore and offshore oil and gas applications. The key product segments analyzed in this report include Water based fluids (WBFs), Oil based fluids (OBFs) and Synthetic based fluids (SBFs). Furthermore, the market is analyzed based on geography that constitutes countries such as the U.S., Canada and Mexico. The price for drilling fluid is volatile in nature and changes depending upon the application and product type. There is slight reduction in per product profit margin; however, the overall profit margins are increasing as the demand for drilling fluids is expected to continue increasing at a tremendous rate. Schlumberger Technology Corporation is one of the leading players in drilling fluids market in North America that held substantial market share in 2012. The merger with M-I SWACO aided the company to reinforce their position in the North America market. Halliburton Company is one of the major players among oilfield service companies. An extensive product portfolio with worldwide presence provides the company with competitive advantage in the drilling fluids market. Report Scope North America Drilling Fluids Market: Application Analysis - Onshore Oil and Gas - Offshore Oil and Gas North America Drilling Fluids Market: Product Segment Analysis - Oil Based Fluids (OBFs) - Synthetic Based Fluids (SBFs) - Water Based Fluids (WBFs) Companies Mentioned - Anchor Drilling Fluids USA Inc. - Baker Hughes Incorporated - Canadian Energy Services & Technology Corp. - China Oilfield Services Limited - Halliburton Company - National Oilwell Varco - Newpark Resources Inc. - Schlumberger Technology Corporation - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/z5...ing_fluids
Canadian Energy Services & Technology Corp. Announces Results for the Second Quarter 2014 and Declares Increased Cash Dividend
Marketwire - Wed Aug 13, 3:11PM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company"
(TSX: CEU)(OTCQX: CESDF) is pleased to report on its financial and operating results for the three and six months ended June 30, 2014. Further, CES announced today that it will pay a cash dividend of $0.0275 per common share on September 15, 2014 to the shareholders of record at the close of business on August 29, 2014, representing an increased dividend of $0.0025 per common share or 10% to the monthly dividend. This is the eleventh dividend increase implemented by CES since converting to a corporate structure on January 1, 2010 and the third dividend increase in fiscal 2014. Canadian Energy Services & Technology Corp. Announces Cash Dividend
Marketwire - Thu Jul 17, 4:04PM CDT
Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation"
(TSX: CEU)(OTCQX: CESDF) announced today that it will pay a cash dividend of $0.025 per common share on August 15, 2014, to the shareholders of record at the close of business on July 31, 2014. The cash dividend of $0.025 per common share reflects the previously announced stock split of the Corporation's issued and outstanding common shares on a three-for-one basis. Canadian Energy Services & Technology Corp. Announces Record Results for the Fourth Quarter and the Year Ended December 31, 2013 and Declares Increased Cash Dividend
Marketwire - Thu Mar 13, 5:39PM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company"
(TSX: CEU)(OTCQX: CESDF) is pleased to report on its financial and operating results for the three and twelve months ended December 31, 2013. Further, CES announced today that it will pay a cash dividend of $0.07 per common share on April 15, 2014 to the shareholders of record at the close of business on March 31, 2014, representing an increased dividend of $0.005 per common share or 8% to the monthly dividend. This is the ninth dividend increase implemented by CES since converting to a corporate structure on January 1, 2010. 10-Q: DEWEY ELECTRONICS CORP
Edgar Online - Thu Feb 13, 1:49PM CST
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Canadian Energy Services & Technology Corp. Announces Cash Dividend and Appointment of New Director
Marketwire - Thu Sep 12, 4:42PM CDT
Canadian Energy Services & Technology Corp. ("CESTC" or the "Corporation"
(TSX: CEU)(OTCQX: CESDF) announced today that it will pay a cash dividend of $0.06 per common share on October 15, 2013, to the shareholders of record at the close of business on September 30, 2013. Canadian Energy Services & Technology Corp. Announces Results for the Second Quarter Ended June 30, 2013 and Declares Increased Cash Dividend
Marketwire - Wed Aug 14, 5:29PM CDT
Canadian Energy Services & Technology Corp. ("CES" or the "Company"
(TSX: CEU) (OTCQX: CESDF) is pleased to report on its financial and operating results for the three and six months ended June 30, 2013. Further, CES announced today that it will pay a cash dividend of $0.06 per common share on September 13, 2013 to the shareholders of record at the close of business on August 30, 2013, representing an increased dividend of $0.005 per common share or 9% to the monthly dividend. This is the seventh dividend increase announced by CES since converting to a corporate structure on January 1, 2010. 
