Advertisement

Trican Well Services slashes 100 jobs in Alberta

Feb. 21, 2012 file photo of oil field workers  using a drill.
Feb. 21, 2012 file photo of oil field workers using a drill. (AP Photo/Orlin Wagner, File)

MEDICINE HAT, Alta. – Trican Well Services has announced it’s cutting about 100 jobs in southeastern Alberta.

Employees at the company’s Redcliff base near Medicine Hat were told today that the company was scaling back operations in the area.

Rob Cox, Canadian region vice-president, says while a core group will still be based out of Redcliff, there will no longer be trucks conducting field operations from the office.

Financial news and insights delivered to your email every Saturday.

Cox says he wishes things could be different, especially as it affects good people.

Two weeks ago, another area company, Calfrac put 500 people out of work.

The Canadian Association of Oilwell Drilling Contractors has estimated that 100,000 industry jobs have been lost since the downturn took hold.

Trican provides a comprehensive array of specialized products, equipment and services that are used during the exploration and development of oil and gas reserves.

Story continues below advertisement

With files from CJCY.

Sponsored content

AdChoices