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Birchcliff Energy Ltd. is a Calgary, Alberta based intermediate oil and gas company that explores for, develops and produces natural gas, light oil and natural gas liquids. All of Birchcliff`s operations are concentrated in the Peace River Arch area of Alberta. Our strategy is to continue to develop and expand our existing and very large Montney/Doig Resource play in the Peace River Arch, while maintaining low capital costs and operating costs. This resource play provides Birchcliff with a large inventory of repeatable and consistent, low-cost and low-risk profitable drilling opportunities that will provide production and reserves growth for many years to come. Birchcliff`s common shares are listed on the Toronto Stock Exchange under the symbol BIR and are included in the S&P/TSX Composite Index. Birchcliff`s Series A and Series C Preferred Shares are listed for trading on the TSX under the symbols BIR.PR.A and BIR.PR.C, respectively.
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U.S. Well Services, LLC is a Houston, Texas based oilfield services provider of well stimulation services to the upstream oil and gas industry. We currently engage in high-pressure hydraulic fracturing in unconventional oil and natural gas basins. We believe our hydraulic fracturing fleets are among the most reliable and highest performing fleets in the industry with the capability to meet the most demanding pressure and flow rate requirements in the field. Our management team has extensive industry experience providing completion services to exploration and production companies. We intend to focus on the most active shale and unconventional oil and natural gas plays in the United States where we believe we will have a competitive advantage due to the high performance and durability of our equipment and our ability to support high asset utilization rates that result in more efficient operations. We are currently under contract to perform services in the Marcellus and Utica shale regions in Ohio, West Virginia and Pennsylvania. We are also evaluating opportunities with existing and new customers to expand our operations into new areas throughout the United States, which may include the Bakken Shale in North Dakota and Montana, Haynesville Shale in northwestern Louisiana and eastern Texas, the Eagle Ford Shale in southern Texas, the Permian Basin in western Texas and southeastern New Mexico, the Niobrara Shale in Colorado, Wyoming and Nebraska and the Granite Wash formation in Oklahoma.