U.S. Impairment Charges Offset Strong Trican Revenue Growth

摘要

Increased work in unconventional natural gas plays and oil prospects in Western Canada, strong demand for services in Russia, and increased utilization levels in the United States translated into stronger fourth quarter and 2008 revenue and cash flow for Trican Well Service Ltd.Consolidated revenue increased 65% to $322.8 million for the three months ended Dec. 31, 2008 compared to $195.8 million in the same period in 2007 (see table).