TGC Industries anticipate activating additional crews as conditions allow

theflyonthewall.com

"CEO Wayne Whitener commented: "During Q3 we operated nine crews in the U.S., where pricing remains competitive. We also operated two crews in Canada in the early part of July but ended the third quarter with only one Canadian crew in operation due to land permit constraints and, as a result, ended the third quarter with 10 crews operating in North America. Currently we are operating 12 crews, consisting of nine crews in the U.S. and three crews in Canada, where we anticipate activating additional crews as conditions allow."

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