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Savanna Energy Services Corp.

16 articles mentioning Savanna Energy Services Corp.

Savanna Nixes Merger Deal with Western Energy

Savanna Nixes Merger Deal with Western Energy

Savanna Energy Services has terminated the arrangement agreement with Western Energy Services Corp.

AIMCo-backed Savanna to be Acquired by Western Energy Services

AIMCo-backed Savanna to be Acquired by Western Energy Services

The revised offer values Savanna at ...

Savanna Says Hell No to Buyout Offer

Savanna Says Hell No to Buyout Offer

Peters & Co. Limited has provided its opinion to the Special Committee and Board of Directors of Savanna that the consideration offered pursuant to Total's offer is inadequate.

Savanna To Total Energy Services, Hell No; Rejects Buyout Offer

Savanna To Total Energy Services, Hell No; Rejects Buyout Offer

[Summary: Savanna Energy Services determined that the offer from Total Energy Services Inc. to purchase all of the common shares of Savanna is not in the best interest of Savanna, and shareholders should reject the offer.]...

Rig Activity Declines Impact Savanna Energy Services

Rig Activity Declines Impact Savanna Energy Services

In the U.S. drilling division, operating days and revenue decreased significantly.

Savanna's Credit Facility Extended Due to Low Prices

Savanna's Credit Facility Extended Due to Low Prices

Savanna's syndicate of lenders have approved the renewal and extension of its senior secured credit facility.

Savanna Cuts Dividend, Capex Remains the Same

Savanna Cuts Dividend, Capex Remains the Same

Savanna's net 2015 capital program estimate remains at $45.8 million.

Savanna's 8 Rig Contracts to Offset Activity Decline

Savanna's 8 Rig Contracts to Offset Activity Decline

Added 12 rigs and 12 long-term contracts.

Savanna Pulls Down Australian Rig Construction

Savanna Pulls Down Australian Rig Construction

Cancel construction of the 4 TDS drilling rigs previously contracted in Q4 2014.

Savanna Energy Reduces Capital 29%

Savanna Energy Reduces Capital 29%

Reductions represent a $30 million, or 29% from the capital program previously announced.

Savanna Energy Services Retains Conservative Capex

Savanna Energy Services Retains Conservative Capex

Capacity for further adjustments to capital expenditures in the face of lower than expected activity.

Savanna Energy Appoints New Board Member

Savanna Energy Appoints New Board Member

Appointment of Stella Cosby to its Board of Directors.

Savanna Energy Services Deploys Four More Rigs in Queensland

Savanna Energy Services Deploys Four More Rigs in Queensland

Australia market forces distinct from those currently impacting North America.

Savanna Reports on US and Canada Rig Demand

Savanna Reports on US and Canada Rig Demand

Lower activity levels in Canadian shallow drilling and Canadian oilfield services, utilization increases in long-reach drilling in Canada.

Savanna Energy Adds to Board of Directors

Savanna Energy Adds to Board of Directors

Christopher Strong is an independent businessman with extensive experience in senior corporate executive and financial roles, including most recently President and Chief Executive Officer of Union Drilling Inc.

Savanna to Deploy More Hybrid Rigs Onshore Australia

Savanna to Deploy More Hybrid Rigs Onshore Australia

Savanna Energy Services Corp. has entered into a long term drilling rig contract to deploy an additional hybrid drilling rig to Queensland, Australia.