BRIEF-CWC Energy Services Q1 revenue falls to c$19.7 million

Wed May 11, 2016 7:44pm EDT
 
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May 11 (Reuters) - Cwc Energy Services Corp

* Qtrly revenue of $19.7 million , a decrease of $8.0 million (29%) compared to $27.8 million in q1 2015.

* Qtrly earnings per share $0.00

* Says impact of lower crude oil and natural gas prices negatively impacted oilfield services industry again in q1 2016

* Says activity levels in wcsb will likely be lower in 2016 compared to 2015

* Continues to evaluate strategic opportunities and pursue those it believes will fundamentally position cwc well for future

* Cwc energy services corp. Announces first quarter 2016 operational and financial results

* Q1 revenue fell 29 percent to c$19.7 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom +1-646-223-8780)