Service & Supply | Quarterly / Earnings Reports | Oilfield Services | Second Quarter (2Q) Update
Canyon Services Group Sees Growth in Meters Drilled
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Canyon Services Group Inc. has announced its second quarter 2014 results.
HighlightsThe operating and financial highlights for the three and six months ended June 30, 2014 are summarized as follows:
Q2 2014 experienced increased activity levels from the prior year comparable quarter as a long cold winter delayed the seasonal spring break-up into early April and June experienced drier than normal field conditions especially in the northern portions of the WCSB compared to the same month last year when operations were impacted by extremely wet weather. Jobs completed in the current quarter increased by 130% to 347 from 151 in Q2 2013, while consolidated revenues increased by 120% to $60.3 million in Q2 2014 from $27.4 million in Q2 2013. For the six months ended June 30, 2014, jobs…- ✓ Full news archive — U.S., Canada & international coverage
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