Peak Energy Services Trust (“Peak” or the “Trust”) is a diversified energy services organization operating in Western Canada and the United States of America. Through its various operating divisions, the Trust provides drilling and production services to its customers both in the conventional oil and natural gas industry as well as the oilsands regions of Western Canada. The Trust also provides water technology solutions to a variety of customers throughout North America.

Founded in 1996, Peak has experienced significant growth by acquiring complementary service companies, integrating services and diversifying product lines. Since its inception, Peak has successfully completed 26 acquisitions for a total investment of approximately $200 million and one public merger with Wellco Energy Services Trust (“Wellco”) on March 12, 2008 for approximately $32 million. In addition, Peak has also executed on an aggressive internal growth plan with capital expenditures of approximately $220 million (excluding capital expenditures pertaining to Wellco) since inception.

Peak has four financial reporting segments; Drilling Services, Production Services, Oilsands, and Water Technology. The Trust has six operating divisions to support these financial reporting segments including; Surface Rentals, Camps and Catering, Remote Waste Water Systems, Fluids Handling, Peak USA and Water Technology. Peak offers over 4,000 pieces of rental equipment to the oil and natural gas business primarily in western Canada through a network of 14 facilities located throughout the Western Canadian Sedimentary Basin ranging from Ft. Nelson in northeast British Columbia to Estevan in southeast Saskatchewan. Peak also operates a full service branch in Rock Springs, Wyoming U.S.A. to accommodate customer demand for the Trust’s product offerings in this area. 

The Trust’s main competitive advantages include:

Peak’s goal is to provide a full range of drilling, production and completion related services to further establish itself as a dominant supplier for oil and natural gas producers throughout western Canada and the United States of America. Peak’s integrated package of services enables customers to become more efficient and reduce their cost structure by using a smaller number of suppliers over a broad geographical region.