This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

(Graphic: Business Wire)

S&P Capital IQ announced today that it has commenced Standard & Poor’s Factual Stock Report coverage on Canadian Energy Services & Technology Corp.

Canadian Energy Services & Technology Corp. (TSX: CEU; OTCQX: CESDF) (''CES'' or ''the company'') engages in designing and implementing technically advanced drilling fluid systems, and production and well stimulation fluid systems in Canada and the United States. The company offers drilling fluid systems for drilling horizontal wells, vertical, and directional wells. It also provides environmental and drilling fluids waste disposal services and trucks and trailers to off-highway oilfield work. CES has operations in the Western Canadian Sedimentary Basin (WCSB) and in various basins of the United States, through its indirect wholly owned subsidiary, AES Drilling Fluids, LLC (“AES”). Canadian Energy Services' current client base consists of approximately 300 oil and gas entities that represent a cross-section of the Canadian and US oil and gas industry from junior oil and gas exploration and production entities to large multinational producers.

Drilling fluid, also referred to as ''drilling mud'', is a term that includes most fluids used in the drilling business to facilitate the drilling of oil and gas wells. The designed drilling fluid encompasses the functions of cleaning the hole, stabilizing the rock drilled, controlling subsurface pressures, enhancing drilling rates and protecting potential production zones while conserving the environment in the surrounding surface and subsurface area. Canadian Energy Services' drilling fluid systems are designed to be adaptable to a broad range of complex and varied drilling scenarios, to help clients eliminate inefficiencies in the drilling process and to assist them in meeting operational objectives and environmental compliance obligations.

CES operates three separate laboratory facilities and works with various third party chemical laboratories to design and continually improve a suite of drilling fluid systems focused on the geological formations and drilling methods employed in North America. The company's key suite of proprietary drilling fluid systems consists of the following: it's patented Seal-AX and PolarBond lines along with its proprietary ABS40, PureStar, and Liquidrill/Tarbreak products.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,757.91 +138.40 0.79%
S&P 500 2,077.42 +14.31 0.69%
NASDAQ 5,013.1230 +26.2560 0.53%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs