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The Ansell project near Edson, Alta.
The Ansell project near Edson, Alta.

Gasfrac sets new date for meeting after investment by hedge fund

Gasfrac Energy Services Inc. has pushed back the date of its annual meeting in May to examine potential changes to its board of directors after an activist investor accumulated a large position.

Gasfrac, known for its unique oil and gas rock-fracturing technology, said the company is evaluating the changes after discussions with its shareholders. It did not name the investors involved in the talks.