Total Energy Services Inc. Announces Q1 2011 Results

- May 11th, 2011

Total Energy Services Inc. (TSE:TOT) reports the company’s financial results for the three months ending March 31, 2011.

Total Energy Services Inc. (TSX:TOT) reports the company’s financial results for the three months ending March 31, 2011.

The press release is quoted as saying:

Total Energy’s Contract Drilling Services division achieved 78% utilization during the first quarter of 2011, recording 979 operating days (spud to release) with a fleet of 14 rigs, compared to 922 operating days, or 73% utilization, during the first quarter of 2010.

Click here to access the entire press release

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