Le Lézard
Classified in: Oil industry
Subject: SHM


CALGARY, AB, June 29, 2022 /CNW/ - Western Energy Services Corp. ("Western" or the "Company") (TSX: WRG) today announces the director election results from its 2022 annual meeting of shareholders held on June 29, 2022. According to the proxies received and ballots cast at the meeting, the following seven nominees were elected as directors to hold office until the next annual meeting of shareholders or until their successors are elected or appointed, unless such office is earlier vacated in accordance with the by-laws of the Company:


# Votes For

% Votes For

# Votes Withheld

% Votes Withheld

Trent Boehm


90.92 %


9.08 %

Colleen Cebuliak


90.87 %


9.13 %

Tomer Cohen


96.24 %


3.76 %

Lorne A. Gartner


90.61 %


9.39 %

Alex R.N. MacAusland


73.44 %


26.56 %

Ronald P. Mathison


89.88 %


10.12 %

John R. Rooney


90.61 %


9.39 %


Western wishes to warmly recognize the service of two directors who did not stand for re-election at this meeting. Donald D. Copeland served as a director of Western since 2011. His extensive background and experience, in the drilling industry, in other oilfield services, and in hydrocarbon exploration and production, have proven invaluable to the Company for more than a decade. Mr. George S. Armoyan and his family represent the second-largest shareholder of Western. He is a seasoned investor and entrepreneur, with significant expertise in real estate, oil and gas and oilfield services. Mr. Armoyan has been well-engaged in the recent transformative transactions at Western.

The full results on all matters voted upon at the meeting will be filed on Western's profile on SEDAR (www.sedar.com).

In addition, the resolution to approve a consolidation of Western's common shares was approved by 90.79% of the votes cast at the meeting. The resolution authorized Western to effect a consolidation at a ratio, to be determined by Western's directors, of between 75 and 120 pre-consolidation shares to one post-consolidation share. The resolution also granted the directors the discretion to determine not to proceed with the consolidation. Western expects that its board will meet to determine whether to proceed with the consolidation, and if it determines to proceed, the final consolidation ratio and the effective date for the consolidation. Western will issue a further news release following these determinations.

Western is a progressive energy service company which provides contract drilling services through its division, Horizon Drilling in Canada, and its wholly owned subsidiary, Stoneham Drilling Corporation in the United States. Additionally, Western provides production services in Canada through its wholly owned subsidiary Western Production Services Corp. and through its division Eagle Well Servicing which provides well servicing and its division Aero Rental Services which provides oilfield rental services.

SOURCE Western Energy Services Corp.

These press releases may also interest you

1 avr 2023
Georgia Power announced today it has achieved another important milestone for the new nuclear units under construction at its Vogtle 3 & 4 nuclear expansion project near Waynesboro, Ga. The generator at Vogtle Unit 3 has generated electricity for the...

31 mar 2023
Ecopetrol S.A. informs that the Board of Directors, in its meeting held on March 31, 2023, approved the composition of its committees as follows: AUDIT AND RISK COMMITTEE Luis Alberto Zuleta (President)Juan José EchavarríaSandra OspinaClaudia...

31 mar 2023
Conrad Industries, Inc. today announced its 2022 results and backlog. The Company had net loss of $17.4 million and loss per diluted share of $3.47 for the twelve months ended December 31, 2022 compared to net income of $6.5 million and earnings per...

31 mar 2023
Reference is made to the previous stock exchange announcements published by Seadrill Limited (OSE: SDRL) ("Seadrill" or the "Company") regarding the proposed all-stock acquisition of Aquadrill LLC ("Aquadrill") (the "Transaction"). Pursuant to and...

31 mar 2023
? Africa Oil Corp. ("Africa Oil", or the "Company") reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. View PDF version. As a result of the cancellation of shares repurchased...

31 mar 2023
Noble Corporation plc ("Noble") today announces changes to its share capital. During the period since February 28, 2023, 3,776,358 new A ordinary shares each with a nominal value of USD 0.00001 have been issued. 3,771,978 new A ordinary shares have...

News published on 29 june 2022 at 22:24 and distributed by: