Canada's Trican first-quarter net income up 8.5 percent

Tue May 8, 2012 10:38pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

(Reuters) - Canadian oil field services company Trican Well Service Ltd (TCW.TO: Quote) said its first-quarter net income rose 8.5 percent to C$89.4 million, as pressure pumping demand remained strong.

The company forecast a 10 percent rise in revenue for the full year.

Trican, which also operates in Russia and North Africa, said revenue rose 34 percent to C$716.4 million.

(Reporting by Meenakshi Iyer in Bangalore; Editing by John Mair)