“Canyon delivers success to its customers in the most technically-challenging unconventional light oil and liquids-rich gas plays across western Canada. Canyon’s success is driven by its highly capable people, rugged and new equipment, customized reservoir approach, and safety-oriented attitude.”
Brad Fedora
President & CEO
“The Duvernay is extremely pressure-pumping intensive, requires massive amounts of fracturing fluid and proppant, and each well is of great impact to the producer. We’re very proud to be helping our customers succeed.”
“This year we had excellent operating performance, safety statistics and financial performance. Margins exceeded our expectations and maintained Canyon’s industry-leading level. Our success has enabled us to increase our dividend.”
“Canyon has a unique culture that allows us to retain a small-company feel even as the Company grows. Our people work hard and have great capabilities, and that shows in our success with customers and our strong safety performance.”
“By 2012 the Canyon team had grown to 700 people, but our unique culture has allowed us to retain a small-company feel even as the Company grows.”
Products & Services
CO2 equipment is relatively straightforward. The main use for CO2 in well stimulation is to assist in fracturing, either by creating a primary foam fracturing fluid or, more commonly, to add energy to the fracturing fluid to assist in break and flowback.
CO2 is transported as a pressurized liquid to the well site, then pumped as a liquid using regular pumping equipment, where it gasifies down in the well bore. All Canyon pressure pumpers are CO2-capable.
Canyon has four CO2 bulk transport trucks and three storage queens. In addition we use reliable and tested third-party service providers for a portion of our CO2 transport. Our main CO2 storage or “king” units are located in Red Deer and Grande Prairie.
For more information on our equipment and products, please click here.
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Share Price: May 25, 2013
TSX: 11.48 0.22
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Industry Initiatives
What is hydraulic fracturing? Click here to find out more.
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May 22, 2013 AGM Location - The Petroleum Club Calgary, Alberta
May 2013 Q1 Investor Phone Conference
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