Trican Well Service Ltd. Announces Extension and Expansion of Credit Facility

Core Viewpoint - Trican Well Service Ltd. has successfully expanded and extended its Revolving Credit Facility from $150 million to $200 million, with a new maturity date set for December 5, 2028, enhancing its financial flexibility and supporting operational and strategic growth initiatives [1][2]. Financial Position - The expansion of the Revolving Credit Facility underscores Trican's strong financial position and commitment to delivering long-term value to stakeholders [2]. Company Overview - Trican Well Service Ltd. is headquartered in Calgary, Alberta, and provides oil and natural gas well servicing equipment and solutions throughout the drilling, completion, and production cycles [3]. - The company offers a range of services including hydraulic fracturing, cementing, coiled tubing, nitrogen services, and chemical sales, supported by a team of technical experts [3].