Concord Well Servicing

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Concord Well Servicing
Type of Company Public (CCR.UN)
Founded Calgary, Alberta
Headquarters Calgary, Alberta
Key people David P. Werklund, President & CEO, Marshall McRae, Vice-President & CFO
Industry Oil and Gasoline
Products Oil services
Revenue image:green up.png$938.659 million CAN (2005)
Website www.concordwell.com

Concord Well Servicing, a Calgary, Alberta company is an operating company of CCS Income Trust (TSX: CCR.UN. Concord Well Servicing was established in 1979 to provide the Western Canadian Oil and Gas industry a variety of contract services to new and existing wells. A member of the Canadian Association of Oil well Drilling Contractors (CAODC), the company operates 53 service rigs from 6 strategically located offices convenient to producing areas in all of Alberta, in northeastern British Columbia, and the Northwest Territories.

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[edit] Profile

Concord Well Servicing provides contract oilfield services that include: Well completion- bringing newly drilled wells on stream; Workovers- reworking mature wells and enhancing production in producing fields; Abandonments-hardware extraction from the well at the end of its life cycle and plugging the producing formation; swabbing-extracting wellbore fluids. They also offer a trailer mounted heavy double that can perform re-entry or horizontal activities on deeper wells.

[edit] Corporate governance

Current members of the board of directors of CCS Income Trust are: David P. Werklund, Bradley J. Thomson, Brian J. Evans, Brad R. Munro, J. Sherrold Moore, and Naveen Dargan.

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