CALGARY, ALBERTA, March 26, 2018 – Critical Control Energy Services Corp. (“Critical Control” or the “Corporation”) (TSX:CCZ; CCZ.PR.A) today reported its financial results for the year ended December 31, 2017. The Corporation has continued its investment in enhancing its existing software portfolio and adding new software products to reduce energy producer’s cost and risk. Management intends on continuing this investment through 2018.
“Our 2017 results delivered strategic growth of our cloud based software as we penetrated the US market,” said Alykhan Mandani, CEO of Critical Control. “This growth, combined with the focus on our software, improvement of our margins and reduction of our operating costs resulted in strong growth to our EBITDA.”
About Critical Control
Critical Control provides solutions for the collection, control and analysis of measurement and operational data related to oil and gas wells across North America. We provide services to capture the data, cloud-based software to visualize and manage it and the business intelligence to make quicker and more informed operational decisions.
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