CALGARY, Alberta–(BUSINESS WIRE)–STEP Energy Services Ltd. (“STEP” or the “Company“) today announced that it has postponed the start of its special meeting (the “Meeting“) of shareholders that was scheduled to commence at 10:00 a.m. (Mountain time) to 5:00 p.m. (Mountain Time) today (December 19, 2024). While a number of shareholders have switched or withdrawn their votes, based on current tabulations, the previously announced Arrangement would be defeated.
Shareholders who have given a proxy may revoke such proxy in the manner previously disclosed in STEP’s Management Information Circular dated November 14, 2024.
ABOUT STEP
STEP is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures. STEP has a high-performance, safety-focused culture and its experienced technical office and field professionals are committed to providing innovative, reliable and cost-effective solutions to its clients.
Founded in 2011 as a specialized deep capacity coiled tubing company, STEP has grown into a North American service provider delivering completion and stimulation services to exploration and production companies in Canada and the U.S. Our Canadian services are focused in the Western Canadian Sedimentary Basin, while in the U.S., our fracturing services are focused on the Permian basin and our coiled tubing services are focused on the Permian and Eagle Ford in Texas, the Uinta Piceance, and Niobrara-DJ basins in Colorado and the Bakken in North Dakota.
Our four core values; Safety, Trust, Execution and Possibilities inspire our team of professionals to provide differentiated levels of service, with a goal of flawless execution and an unwavering focus on safety.
Contacts
Steve Glanville
President & Chief Executive Officer
Telephone: (403) 457-1772
Web: stepenergyservices.com
Shareholders:
Laurel Hill Advisory Group
North America (toll-free): 1-877-452-7184
Outside North America: 1-416-304-0211
Email: assistance@laurelhill.com.