PHX Energy Services Corp. (PHX.TO) TSX

Currency In CAD

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PHX Energy Services Corp.

Address

250 2nd Street SW

Calgary, AB T2P 0C1

Canada

Phone

14035434466

Sector

Energy

Industry

Oil & Gas Drilling

Employees

924

First IPO Date

November 14, 2002

Key Executives

NameTitlePayYear Born
Michael BukerPresident, Chief Executive Officer & Director3.34M1969
John Michael HooksExecutive Chairman1.71M1958
Jeffery John ShaferChief Operating Officer1.99M1975
Craig BrownChief Technology Officer2.01M1972
Cameron Michael RitchieSenior Vice President of Finance, Chief Financial Officer & Corporate Secretary2.32M1962
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Description

PHX Energy Services Corp. specializes in providing advanced technology and comprehensive services for horizontal and directional drilling. It caters to oil and natural gas exploration, development, and production companies across a broad international scope, including Canada, the United States, Russia, Albania, and the Middle East. The firm's innovative offerings encompass the Velocity Real-Time System for sophisticated downhole guidance, high-efficiency Atlas Motors, and the cutting-edge PowerDrive Orbit Rotary Steerable System (RSS). Its suite of measurement-while-drilling (MWD) tools features the P-360 Positive Pulse MWD System and the E-360 EM MWD System, which transmits data electromagnetically through subsurface strata. Further technological contributions include the 360 CV MWD System, delivering real-time inclination and gamma insights close to the drill bit, and the 360 RWD System for resistivity measurements during drilling operations. Additionally, PHX provides the North Seeking Gyro for instant downhole quality assurance and control, alongside a range of robust performance drilling motors. Ancillary services extend to comprehensive survey management, precision gyro surveying, and rental provisions for directional drilling apparatus and motors. Originally established as Phoenix Technology Income Fund in 1995, the company subsequently rebranded to PHX Energy Services Corp. and maintains its headquarters in Calgary, Canada.

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