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WESTERN ENERGY SERVICES CORP. RELEASES FIRST QUARTER 2023 FINANCIAL AND OPERATING RESULTS

Newswire.ca - Tue Apr 25, 2023

CALGARY, AB, April 25, 2023 /CNW/ - Western Energy Services Corp. ("Western" or the "Company") (TSX: WRG) announces the release of its first quarter 2023 financial and operating results.  Additional information relating to the Company, including the Company's financial statements and management's discussion and analysis as at March 31, 2023 and for the three months ended March 31, 2023 and 2022 ("MD&A") will be available on SEDAR at www.sedar.com.  Non-International Financial Reporting Standards ("Non-IFRS") measures and ratios, such as Adjusted EBITDA, Adjusted EBITDA as a percentage of revenue, revenue per Operating Day, revenue per Service Hour and Working Capital, as well as abbreviations and definitions for standard industry terms are defined later in this press release.  All amounts are denominated in Canadian dollars (CDN$) unless otherwise identified.

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