Pure Energy Services Ltd. expected to Report Fiscal Year 2009 Results on March 15, 2010. This event was calculated by Capital IQ (Created on November 13, 2009).

Pure Energy Services Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported revenue of CAD 30,533,000, loss before income taxes of CAD 5,926,000, net loss from continuing operations of CAD 3,999,000 or CAD 0.17 per basic and diluted share, net loss of CAD 5,304,000 or CAD 0.22 per basic and diluted share, cash used in operating activities of CAD 8,706,000, purchase of property and equipment of CAD 1,235,000, negative EBITDA of CAD 1,933,000, funds used in operations of CAD 1,840,000 compared to revenue of CAD 38,726,000, income before income taxes of CAD 947,000, net income from continuing operations of CAD 719,000 or CAD 0.04 per basic and diluted share, net income of CAD 1,474,000 or CAD 0.09 per basic and diluted share, cash used in operating activities of CAD 1,603,000, purchase of property and equipment of CAD 5,220,000, EBITDA of CAD 4,243,000, funds provided by operations of CAD 4,627,000 over the same period last year. For the nine months, the company reported revenue of CAD 77,622,000, loss before income taxes of CAD 13,670,000, net loss from continuing operations of CAD 10,274,000 or CAD 0.55 per basic and diluted share, net loss of CAD 24,999,000 or CAD 1.33 per basic and diluted share, cash provided by operating activities of CAD 11,634,000, purchase of property and equipment of CAD 3,793,000, negative EBITDA of CAD 3,359,000, funds used in operations of CAD 4,860,000 compared to revenue of CAD 102,080,000, income before income taxes of CAD 15,000, net loss from continuing operations of CAD 1,000, net loss of CAD 216,000 or CAD 0.01 per basic and diluted share, cash provided by operating activities of CAD 5,568,000, purchase of property and equipment of CAD 9,145,000, EBITDA of CAD 10,450,000, funds provided by operations of CAD 9,341,000 over the same period last year.

Pure Energy Services Ltd. reported that Brian Peters has stepped down as the company's chief financial officer to pursue other career opportunities. Chris Martin has been appointed as Pure Energy's chief financial officer. Martin was the chief financial officer of CanSub. Peters will assist in the orderly transition of duties to Martin.