| Company Details | |
|---|---|
| Company Name | Phoenix Oilfield Hauling |
| Website | http://www.phoenixhauling.com/ |
| Executive | Mr. David Werklund, Interim President and Chief Executive Officer Mr. Darcy Thompson, Chief Operating Officer Mr. Bharat Mahajan, Chief Financial Officer and VP Finance |
| Investment Since | 2010 |
Phoenix Oilfield Hauling ("Phoenix") is a public energy services transportation corporation operating in Western Canada and the United States, and trades on the TSXV under the symbol "PHN". Incorporated in 1994, Phoenix is a leader in energy transportation services and storage solutions through its business categories: Rig Moving, Oilfield Transportation, Specialized Hauling, and Oilfield Rentals.
With corporate headquarters in Calgary, Alberta, Phoenix provides specialized transportation of products, materials, supplies and equipment required for the exploration, development and production of petroleum resources in the Western Canadian Sedimentary Basin (WCSB) and in the U.S. The Phoenix group of companies include Robins Oilfield Hauling, Ability Oilfield Hauling, Finnie Oilfield Hauling, Marcels Oilfield Hauling, and Rodan Transport, and Warrior Equipment Rentals.
Werklund Capital Corporation ("WCC") is assisting Phoenix Oilfield Hauling in their business development and corporate finance requirements. Specifically, WCC has been engaged to source, analyze and negotiate terms of potential acquisitions and transactions, manage the company's financing needs by sourcing new debt and equity, and, through Werklund Enterprises Ltd., provide business advisory services.
WCC owns 42% of the common shares of Phoenix.