CWC Energy Services Corp.

Climate Impact & Sustainability Data (2020, 2021)

Renewable Energy Share:0%

17% decrease in fuel consumed per well drilled from 2018 to 2020
Approximately 8,663 tCO2e of GHG emissions saved in 2020 due to reduced truckloads for rig mobilization
Zero reportable spills in 2020
85% of facilities switched to lower consumption LED lighting

Total Recordable Incident Frequency (TRIF) of 1.24 for the trailing twelve months ended April 30, 2021
Well servicing division recorded zero recordable incidents in Q1 2021
Implemented new safety protocols to limit interaction of rig crews with others during COVID-19 pandemic
Established Texas camps on lease sites to reduce COVID-19 spread
41% female staff of full-time employees
7% of employees identify as Indigenous
Over $63,000 contributed to local communities from 2018 to 2020
Supported STARS Foundation with $1.3M raised at PSAC STARS & Spurs Gala

Robust QHSE system proactively monitors, measures, adjusts, and reports on safety program
Portion of executive compensation linked to QHSE performance
Established a QHSE Committee of the Board of Directors
Implemented a Code of Business Conduct and Ethics
Whistleblower Policy with 24/7 hotline

Frameworks Used: SASB (Sustainability Accounting Standards Board)

Certifications: COR (Certificate of Recognition)

CWC focuses on these SDGs to contribute to a more sustainable future.

Total Carbon Emissions:27,396.22 tCO2e

Renewable Energy Share:0%

17% of 2021 Revenue was from well decommissioning by our service rigs.
2% of 2021 Revenue was from carbon capture, helium, and saltwater disposal wells.
In 2022, CWC drilled a brine production well for a lithium mining operation, the first of its kind in Alberta.
Equipped CWC Ironhand Drilling Rigs 2 and 9 with an LED halo crown lighting system, which reduces diesel usage from generators approximately 1,000 L/day
Three of CWC’s drilling rigs are equipped with bi-fuel systems, which substitutes natural gas for diesel fuel, resulting in 30% less diesel being used in the rig, and allowing the boilers to run fully off natural gas, amounting to average fuel consumption savings of 2,400L/day.
2 of CWC’s triple drilling rigs are equipped with highline power, removing the dependence on solely diesel usage to run our rigs.
All 22 of CWC’s drilling rigs are equipped with top drives. Combined with improved drillstrings, higher pumping capacities, and automation, CWC’s versatile drilling rigs can complete jobs quickly, resulting in approximately 14% fuel saved on longer-reach horizontal wells.
In 2022, CWC installed its first Tier 4 engine on a service rig, which reduces nitrous oxide (N0x) emissions by 45%, and particulate matter by 80% when compared with a Tier 2 engine.
Switched 85% of our Canadian facilities over to lower consumption light-emitting diode (“LED” lighting

Implemented an Ethical Labour Policy in early 2022.
A portion of CWC salaried staff compensation is linked to performance on ESG items.
Established a QHSE Committee in 2019.

Undertook the process of creating a GHG inventory to track its Scope 1 and 2 GHG emissions in 2021.
Committed to reducing GHG emissions by setting measurable, achievable, and timely goals.
Partnering with customers in exploring and implementing further GHG-reducing technologies, such as bi-fuel systems and highline power.