Source Energy Services
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Location
Headquarters: Calgary, Alberta, Canada, North America
Region: Alberta
Country: CA
Continent: North America
About
Source Energy Services is a Western Canada–based leader in oilfield logistics, specializing in the transportation and storage of proppant and well completion chemicals. The company operates across the oil and gas supply chain, offering unit-train capable terminals, last-mile logistics, and innovative proppant storage solutions such as Sahara for well sites. With extensive Western Canadian networks and experience, Source Energy Services is positioned as a leading supplier of frac sand and related completion materials for the oilfield sector.
Source Energy Services provides oilfield logistics and supply chain solutions for the oil and gas industry in Western Canada. The company specializes in the transportation, storage, and delivery of proppant and well completion chemicals, operating terminals and facilities to support hydraulic fracturing operations. Its primary customers are large exploration and production companies requiring effi
SOURCE ENERGY SERVICES LTD.
1998
for_profit
active
Industries
Primary Industry: Transportation
Categories
Funding & Financials
Public Company
55000000
200m-1b
ipo
TSX:SHLE
tsx
Investors
Founders
Howard Nielsen
Leadership
Technology Stack
Products
Proppant Supply: Supply and delivery of proppants to well sites for hydraulic fracturing operations.
Distribution Terminals: Network of in-basin terminals for storage and distribution of proppants and related materials.
Well Site Sand Storage (Sahara Storage Unit): Onsite storage solutions for proppants at well sites to optimize operational efficiency.
Last-Mile Logistics: Logistics services managing the final delivery of proppants and materials to well sites.
Funding rounds
Post Ipo Debt · $159.64M · (2024-12-20) · Lead: Silver Point Finance
IPO · (2017-04-13)
Debt Financing · $15M · (2016-12-02) · Lead: Crown Capital Partners