Company

Source Energy Services Ltd.

Source Energy Services is a Calgary-based supplier of frac sand and last-mile logistics for oil and gas operators in Western Canada.

About

Founded in Calgary, Canada, Source Energy Services Ltd. provides frac sand and last-mile logistics, including the Sahara storage unit, to oil and gas operators in the Western Canadian Sedimentary Basin. CEO Brad Ca is named. The company completed an IPO on December 23, 2024, raising USD 175.00 mn across four deals. It has also arranged a five-year USD 135 mn term loan from Silver Point Capital and a USD 40 mn revolving asset-backed loan facility from CIBC.

1Funding rounds

1Investors

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