Builders Energy

Builders Energy Services (TSX: BET.UN), is an income trust that provides oilfield services through labour and specialized equipment to oil and gas producers in the Western Canadian Sedimentary Basin (WCSB) related to the on-going servicing of producing wells and the completion of new wells.

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Profile

Builders Energy Services provides services through its business units grouped into four operating divisions according to the nature of services they provide. Services include: service rig production/workover and completions, coil tubing, nitrogen pumping, production testing, wireline, downhole tools sales and service, equipment rentals, general oilfield hauling, and rig relocation.

Builders Energy Services and its business units have offices and facilities strategically located throughout the Western Canadian Sedimentary Basin (WCSB) including Calgary, Edmonton, Red Deer, Grande Prairie, Lloydminster, Drayton Valley, Whitecourt, Stettler, Strathmore, Taber, Brooks, and Fort St. John, B.C.

Each division is led by a Division Director who works within each division to provide strategic leadership and performance targets.

Established businesses in each division each have experienced oilfield service personnel and a management team led by a General Manager. Builders Energy Services allows the management team of each business to be responsible for the day to-day delivery of services to customers in the field, management of activity flow and management of field staff.

Corporate governance

Current members of the board of directors of Builders Energy Services are: Garnet K. Amundson, James A. Banister, Verne G. Johnson, Nicholas G. Kirton, Earl B. Lewis, Frank G.J. Nieboer, and Michael J. Black.

See also

• Oil
• Gas
• Oil well
• Drilling
• OPEC
• List of oil-producing states