Moody's upgrades Western Energy to Caa1
Rating Action: Moody's upgrades Western Energy to Caa1. Global Credit Research- 20 Jul 2017. Approximately C $265 million of rated debt affected.Western Energy Services is an oilfield services company that provides contract drilling services in Alberta, British Columbia, Saskatchewan and Manitoba through its wholly-owned subsidiary, Horizon Drilling Inc., and provides a range of remedial stimulation services to upstream oil and natural gas exploration and production companies operating in Alberta, British Columbia, Saskatchewan and Manitoba through its wholly-owned subsidiary, StimSol Canada Inc.
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