Trican Well Service to buy Iron Horse Energy Services in C$231M cash-and-stock deal

Jul. 03, 2025 12:15 PM ETTrican Well Service Ltd. (TOLWF) StockBy: Carl Surran, SA News Editor
Several crude oil production wells, a site with pump jacks in a rural area during summer in Alberta Canada. Concept: Oil and gas emissions

Marvin Samuel Tolentino Pineda/iStock via Getty Images

Trican Well Service (OTCPK:TOLWF) +14.3% in Thursday's trading after saying it agreed to acquire privately-held fracturing and coiled tubing services provider Iron Horse Energy Services for ~C$77.35M in cash and 33.76M common shares, making the deal worth ~C$231M.

Iron Horse

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