Trican Well Service Ltd - Company Profile
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Trican Well Service Ltd (Trican) is a provider of specialized products, equipment and services for application in the exploration and development of oil and gas reserves. Fleet capabilities, integrated well service provider and focused research and development activities strengthened its operations. However, concentrated customer credit remains an area of concern. Nevertheless, Trican could capitalize on growth opportunities arising from strategic acquisition, global demand for oil and global demand for natural gas. However, technological advancements, fluctuations in oil and gas prices and competitive environment could have an adverse impact on the operations of the company in the long run.
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