Deep Earth successfully completes 53-day geothermal production and injection test estevanmercury.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from estevanmercury.ca Daily Mail and Mail on Sunday newspapers.
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NCS Multistage Holdings, Inc. Announces Fourth Quarter and Full Year 2020 Results
NCS Multistage Holdings, Inc.March 1, 2021 GMT
Fourth Quarter Results
Total revenues of $27.4 million, a 47% year-over-year decrease and a 68% increase from the third quarter of 2020
Net income of $8.6 million and earnings per diluted share of $3.59; adjusted net loss of $(6.4) million and adjusted loss per diluted share of $(2.70)
Adjusted EBITDA of $3.0 million, an increase of $5.1 million from the third quarter of 2020
$25.7 million gain realized from the settlement of the final court judgment against Diamondback Industries
NCS Multistage Holdings, Inc Announces Fourth Quarter and Full Year 2020 Results einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Estevan– Mid-February to the first week of March is traditionally the peak of the year for oilwell drilling activity. And on Feb. 22, there were 31 drilling rigs working in Saskatchewan, down markedly from the previous two years. According to Rig Locator (riglocator.ca), in 2020 there were 65 rigs working on the same date, and 52 rigs working on that date in 2019. During the boom years, from 2008-2014, there would be closer to 100 rigs working. While the current number couldn’t be considered great by any means, it is significantly higher than the zero rigs that were drilling in the first part of the summer of 2020, when oil markets were initially recovering from the shock of the COVID-19 pandemic.
Drilling season peaking with 31 rigs working carlyleobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carlyleobserver.com Daily Mail and Mail on Sunday newspapers.