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Star Valley joins a Canadian oil-field service sector making a slow recovery out of the oil-price rout of the past two years – a period that has seen numerous companies in Western Canada go out of business. (Frank Pimiskern/Star Valley Drilling)
Star Valley joins a Canadian oil-field service sector making a slow recovery out of the oil-price rout of the past two years – a period that has seen numerous companies in Western Canada go out of business. (Frank Pimiskern/Star Valley Drilling)

Oil-field service firms seeing new signs of life Add to ...

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As Alberta’s economy tumbled into an oil-price slump, Frank Pimiskern spent months combing through industrial yards of idled equipment, looking for drilling rigs he could snap up for 10 or 20 cents on the dollar.

His plan: Start a drilling company when everyone was running away from the capital-intensive business.

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