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DIVERGENT Energy Services Announces Stock Option Grants
DIVERGENT Energy Services Announces Stock Option Grants CALGARY, Alberta, May 17, 2023 (GLOBE NEWSWIRE) -- DIVERGENT Energy Services Corp. (“Divergent”, the "Company", or “DVG”) announces that the Company has completed its annual review of incentive plan awards, and subject to regulatory approval, its board of directors has approved, effective May 17, 2023, the grant of an aggregate of 200,000 stock options to an office of the Corporation, exercisable into common shares of the Corporation at an exercise price of $0.075 per common share. These stock options shall vest as to one-third at 12...
DIVERGENT Energy Services Announces the Release of 2022 Year End Resul...
DIVERGENT Energy Services Announces the Release of 2022 Year End Results CALGARY, Alberta, March 15, 2023 (GLOBE NEWSWIRE) -- DIVERGENT Energy Services Corp. (“Divergent”, the "Company", or “DVG”) announces the release of its financial results for the year ended December 31, 2022. All amounts are in thousands (000’s) of United States Dollars, unless otherwise noted. HIGHLIGHTS FOR THE YEAR $12.5 million of revenue for the year is an of 50% increase over the prior year.Adjusted EBITDA of $1.1 million in 2022 is an increase of 43% over the prior year.$3.0 million of revenue in the fou...
DIVERGENT Energy Services Announces COVID Protocols for its Upcoming A...
DIVERGENT Energy Services Announces COVID Protocols for its Upcoming Annual General Meeting CALGARY, Alberta, June 10, 2021 (GLOBE NEWSWIRE) -- DIVERGENT Energy Services Corp. (“Divergent”, the "Company", or “DVG”) (TSX-V: DVG) announces an update on COVID protocols for its upcoming annual general meeting (“AGM”). As previously announced, Divergent’s AGM will be held on Tuesday, June 15, 2021 at 3:00 p.m. MDT. In light of the Government of Alberta’s current COVID restrictions, shareholders are encouraged not to attend the AGM in person and instead should plan to return proxies p...
DIVERGENT Energy Services Announces Stock Option Grants
DIVERGENT Energy Services Announces Stock Option Grants CALGARY, Alberta, May 17, 2021 (GLOBE NEWSWIRE) -- DIVERGENT Energy Services Corp. (“Divergent”, the “Company”, or “DVG”) announces that the Company has completed its annual review of incentive plan awards, and subject to regulatory approval, its board of directors has approved, effective May 11, 2021, the grant of an aggregate of 500,000 stock options to the members of its Technology and Corporate Development Advisory Committee, exercisable into common shares of the Corporation at an exercise price of $0.075 per common share. In add...
DIVERGENT Energy Services Announces a Change of Chief Financial Office...
DIVERGENT Energy Services Announces a Change of Chief Financial Officer CALGARY, Alberta, May 14, 2021 (GLOBE NEWSWIRE) -- DIVERGENT Energy Services Corp. (“Divergent”, the “Company”, or “DVG”) is pleased to announce the appointment of Ken Olson as Interim Chief Financial Officer of the Company, effective May 17, 2021, replacing Lance Mierendorf who has chosen to leave the Company to pursue another opportunity, effective May 15, 2021. Mr. Olson has over 28 years of finance and accounting experience, including 12 years in executive leadership positions within the oilfield services sector....
DIVERGENT Energy Services Announces the Release of Q1 2021 Financial R...
DIVERGENT Energy Services Announces the Release of Q1 2021 Financial Results Symbol (DVG: TSX-V) CALGARY, Alberta, May 12, 2021 (GLOBE NEWSWIRE) -- DIVERGENT Energy Services Corp. (“Divergent”, the "Company", or “DVG”) announces the release of its financial results for the three months ended March 31, 2021. HIGHLIGHTS FOR THE QUARTER Revenues of $1,721 consistent with Q1 2020.Operating income of $113 and adjusted EBITDA of $62 as compared to ($571) and ($264) demonstrated improved performance over prior period.Financial restructuring was approved by debenture holders and shareholders i...
DIVERGENT Energy Services Announces the Release of 2020 Year End Resul...
DIVERGENT Energy Services Announces the Release of 2020 Year End Results Symbol (DVG: TSX-V) CALGARY, Alberta, March 19, 2021 (GLOBE NEWSWIRE) -- DIVERGENT Energy Services Corp. (“Divergent”, the “Company”, “our” or “DVG”) announces the release of its financial results for the year ended December 31, 2020. FINANCIAL AND OPERATING HIGHLIGHTS – YEAR ENDED DECEMBER 31, 2020 Divergent successfully traversed through one of the most challenging years in its history. Support from shareholders, debenture holders, customers and employees allowed the Company to restructure its burdensome financ...
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Divergent Energy Services Corp (DVG) - Oil & Gas - Deals and Alliances...
Summary Divergent Energy Services Corp (Divergent Energy), formerly CDN Oilfield Technologies and Solutions Corp is an energy service company that offers artificial lift technologies for the oil and gas industry. The company offers products such as electromagnetic submersible pumps and electric submersible pumps. Divergent Energy's electromagnetic submersible pumps includes linear electromagnetic submersible pump and linear-motion motor and reciprocating pump, which are used in vertical, slant ...
Divergent Energy Services Corp (DVG) - Oil & Gas - Deals and Alliances...
Summary Divergent Energy Services Corp (Divergent Energy), formerly Cdn Oilfield Technologies & Solutions Corp, is an energy service company that offers new artificial lift technologies for the oil and gas industry. The company provides submersible pumping products and control systems. Its products include electromagnetic submersible pumps and electric submersible pumps. Divergent Energy's electric submersible pumps comprise x-series submersible pump, standard submersible pump and electric subm...
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