CWC Well Services Corp.
TSX VENTURE : CWC

CWC Well Services Corp.

December 02, 2011 08:00 ET

CWC Well Services Corp. Announces Issuance of Stock Options

CALGARY, ALBERTA--(Marketwire - Dec. 2, 2011) - CWC Well Services Corp. (TSX VENTURE:CWC) ("CWC" or the "Company") announces that options to purchase 1,900,000 common shares of the Company were granted on December 2, 2011 to certain directors, officers and employees of the Company at an exercise price of $0.60 per share. These options expire five years from the date of grant with one third of the options vesting on each of the first, second and third anniversary from the date of grant.

About CWC Well Services Corp.

CWC Well Services Corp. is a premier well servicing company operating in the Western Canadian Sedimentary Basin with a complementary suite of oilfield services including service rigs, coil tubing, snubbing, nitrogen and well testing. The Company's corporate office is located in Calgary, Alberta, with operational locations in Red Deer, Provost, Lloydminster, Brooks, Grande Prairie and Whitecourt, Alberta and Weyburn, Saskatchewan.

READER ADVISORY - Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • CWC Well Services Corp.
    Duncan T. Au, CA, CFA
    President & Chief Executive Officer
    (403) 264-2177

    CWC Well Services Corp.
    Kevin Howell, CA
    Chief Financial Officer
    (403) 264-2177

    CWC Well Services Corp.
    755, 255 - 5 Avenue SW
    Calgary, Alberta T2P 3G6
    (403) 264-2177
    info@cwcwellservices.com