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CWC Energy Services Corp. — Investor Relations & Filings

ISIN · CA12671H1055 LEI · 549300S74FKVKOT14310 TSXV Mining and quarrying
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Filings indexed 88 across all filing types
Latest filing 2023-11-17 Regulatory Filings
Country CA Canada
Listing TSXV

About CWC Energy Services Corp.

http://www.cwcwellservices.com/

CWC Energy Services Corp. was an oilfield services company specializing in contract drilling and well servicing for oil and gas exploration and development companies. Historically, CWC operated a fleet of drilling rigs and service rigs across the Western Canadian Sedimentary Basin and the United States, providing a complementary suite of comprehensive oilfield services. On November 8, 2023, CWC Energy Services Corp. was acquired by Precision Drilling Corporation. CWC's former assets and operations are now integrated into Precision Drilling's portfolio, which focuses on delivering high-performance, high-value services to the energy industry.

Recent filings

Filing Released Lang Actions
Material change report - English.pdf
Regulatory Filings Classification · 95% confidence The document is titled 'FORM 51-102F3 MATERIAL CHANGE REPORT' and details a material change involving a plan of arrangement and acquisition of CWC Energy Services Corp. by Precision Drilling Corporation. It includes specifics about the transaction, shareholder approval, court order, and delisting of shares from the TSX Venture Exchange. The document length is 1817 characters, which is relatively short and focused on reporting a material change event rather than providing full financial statements or detailed analysis. This aligns with a Regulatory Filing (RNS) as it is a formal disclosure of a material corporate event without being a full report like an Annual Report or Interim Report. It is not a Delisting Announcement (DLST) alone because it covers the broader material change including acquisition details, but the primary nature is a material change report filed under Canadian securities regulations, which fits best under Regulatory Filings (RNS).
2023-11-17 English
Notice.pdf
Regulatory Filings Classification · 95% confidence The document is a notice of change in corporate structure pursuant to a regulatory requirement (Section 4.9 of National Instrument 51-102 Continuous Disclosure Obligations). It describes a transaction where Precision Drilling Corporation acquired all shares of CWC Energy Services Corp. and that CWC will cease to be a reporting issuer. The document does not contain financial statements or detailed financial data but is an announcement of a corporate structural change related to a merger/acquisition. It references other documents (management information circular) filed elsewhere but does not itself constitute a merger proxy statement or tender offer filing. Given the nature of the content, it fits best under Regulatory Filings (RNS) as a general regulatory announcement that does not fit other specific categories like M&A filings or Annual Reports.
2023-11-10 English
News release - English.pdf
Merger & Acquisition Classification · 100% confidence The document is a press release announcing the closing of a plan of arrangement (a type of merger or acquisition) between CWC Energy Services Corp. and Precision Drilling Corporation. It details the acquisition terms, shareholder approval, court order, and the resignation of CWC's board and management following the transaction. The key indicators are the mention of a 'plan of arrangement,' acquisition of shares, delisting from the exchange, and the strategic business combination. This fits the definition of a Merger & Acquisition (MA) filing rather than a general announcement or regulatory filing. The document length is short (3019 characters) but contains substantive transaction details, not just a report publication announcement or a brief notice. Therefore, the correct classification is Merger & Acquisition (MA).
2023-11-08 English
News release - English.pdf
M&A Activity Classification · 95% confidence The document is a press release dated November 6, 2023, announcing shareholder approval for a statutory arrangement (merger/acquisition) between CWC Energy Services Corp. and Precision Drilling Corporation. It details the shareholder vote results, the expected court approval, and the subsequent delisting of CWC shares from the TSX Venture Exchange. The content focuses on the approval and procedural steps of a merger transaction rather than the merger filing itself or detailed financials. This fits the category of M&A Activity announcements, which cover merger proposals and takeover bids. The document is not a full merger filing (MA), nor a voting result announcement (DVA) since it is about a special meeting vote on a merger arrangement. It is not a regulatory filing or report publication announcement as it contains substantive information about the transaction and shareholder approval. Therefore, the best classification is M&A Activity (TAR).
2023-11-06 English
Notice of meeting - English.pdf
Regulatory Filings Classification · 100% confidence The document is titled 'Form 45-106F1 Report of Exempt Distribution' and contains detailed information about securities distribution, including issuer details, underwriter information, distribution dates, purchaser information, compensation related to the distribution, and regulatory compliance data. It is a regulatory filing form used to report exempt distributions of securities, typically filed with Canadian securities regulators. The content is not a financial report, earnings release, or management discussion but a compliance and disclosure form related to securities distribution. Therefore, it fits best under the category of Regulatory Filings (RNS), which is the fallback for miscellaneous regulatory compliance documents that do not fit other specific categories.
2023-10-11 English
Management information circular - English.pdf
Proxy Solicitation & Information Statement Classification · 95% confidence The document is a Notice of Special Meeting, Notice of Originating Application to the Alberta Court, and a Management Information Circular dated October 2, 2023, related to a proposed arrangement (merger/acquisition) between CWC Energy Services Corp. and Precision Drilling Corporation. It includes details about the special meeting to approve the arrangement, voting instructions, and legal and procedural information about the transaction. The document is not a full financial report but rather a solicitation and informational document for shareholders regarding a merger transaction. This fits the definition of Proxy Solicitation & Information Statement (PSI), which includes materials sent to shareholders to provide information and request votes for meetings, especially in the context of mergers or arrangements. The document is lengthy (15,000 characters) and contains detailed information for shareholders to make an informed vote, consistent with PSI filings. Therefore, the correct classification is PSI with high confidence.
2023-10-11 English

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