Company News
Innicor Subsurface Technologies Inc. Announces Entering into a Pre-Acquisition Agreement with BJ Services Company - 03/31/08
Innicor Subsurface Technologies Inc. ("Innicor") (TSX:IST) is pleased to announce that Innicor and BJ Services Company ("BJ Services") (NYSE:BJS) have entered into a pre-acquisition agreement pursuant to which BJ Services has agreed to make an offer to purchase all of the issued and outstanding common shares of Innicor for cash consideration of $2.50 per share pursuant to a take-over bid (the "Offer").
2007 Annual Report - 03/31/08
2007 Annual Report
Innicor releases 2007 Year End and Fourth Quarter Results - 03/19/08
Innicor Subsurface Technologies Inc., a leading Canadian manufacturer and distributor of downhole tools and equipment used in the oil and gas sector, today announced its financial results for the three and twelve months edded December 31, 2007.
Innicor Releases Financial Results for the Third Quarter 2007 - 11/14/07
Innicor Releases Financial Results for the Third Quarter 2007
Innicor Releases Financial Results for the Second Quarter 2007 - 08/22/07
CALGARY, ALBERTA - Innicor Subsurface Technologies Inc., a leading Canadian manufacturer and distributor of downhole tools and equipment used in the oil and gas sector, today announced its financial results for the three and six months ended June 30, 2007. Read Entire Article (PDF)
Delton Campbell Named Finalist - 07/11/07
Prairies Finalists Announced for the Most Prestigious Business Awards in Canada
The 14th annual Ernst & Young Entrepreneur Of the Year Awards finalists
(Calgary, July 5, 2007) - Out of an impressive list of nominees, 45 outstanding Prairies region entrepreneurs who have demonstrated courage, determination and leadership have been chosen as finalists in the 2007 Ernst & Young Entrepreneur Of The Year Awards program.
Innicor Releases Financial Results for the First Quarter 2007 - 05/15/07
CALGARY, ALBERTA - Innicor Subsurface Technologies Inc. (TSX:IST), a leading Canadian manufacturer and distributor of downhole tools and equipment used in the oil and gas sector, today announced its financial results for the three-month period ended March 31, 2007. Read Entire Article PDF.
Innicor Releases Financial Results for Fourth Quarter and Year Ended 2006 - 05/15/07
CALGARY, ALBERTA - Innicor Subsurface Technologies Inc., a leading Canadian manufacturer and distributor of downhole tools and equipment used in the oil and gas sector, today announced its financial results for the three and twelve months ended December 31, 2006. Read Entire Article PDF
Sondex plc Offer for Innicor Subsurface Technologies Inc. Expires - 11/17/06
CALGARY, ALBERTA, (November 17, 2006) – Innicor Subsurface Technologies Inc. (TSX:IST) ("Innicor" or the "Corporation") advises that the offer to purchase dated October 11, 2006 (the "Offer") made by Sondex Completion Systems Inc., a subsidiary of Sondex plc ("Sondex"), to acquire all of the issued and outstanding shares of Innicor expired at 3:00 p.m. (Calgary time) without all of the conditions to the Offer having been satisfied or waived by Sondex. Specifically, Sondex has issued a press release dated November 17, 2006 announcing that the condition tha the acquisition of Innicor by Sondex receive the approval of the shareholders of Sondex at an extraordinary general meeting of Sondex shareholders held November 16, 2006 was not satisfied. Read Entire Article (PDF)
Innicor Board of Directors Reaffirms Recommendation to Tender to Sondex Offer - 11/13/06
CALGARY, ALBERTA, (November 13, 2006) - As previously announced on September 21, 2006, Innicor Subsurface Technologies Inc. (TSX: IST) ("Innicor" or the "Corporation") and Sondex plc ("Sondex") have entered into a pre-acquisition agreement dated September 20, 2006 (the "Pre-Acquisition Agreement") pursuant to which Sondex's subsidiary, Sondex Completion Systems Inc., has made an offer dated October 11, 2006 to acquire all of the common shares of Innicor at a price of $3.75 per Innicor share. Read Entire Article (PDF)
Q3 Press Release - 11/07/06
CALGARY, ALBERTA – (November 7, 2006) Innicor Subsurface Technologies Inc., ( TSX : IST ) today announced that a copy of the corporation’s financial results for the three and nine month periods ended September 30, 2006, have been filed on SEDAR. Innicor’s consolidated financial statements for the three and nine month periods ended September 30, 2006 and its associated management’s discussion and analysis can be obtained at www.sedar.com. Read Entire Article (PDF)
2006 September 21 Innicor Subsurface Technologies Inc. Announces Entering into a Pre-Acquisition Agreement with Sondex plc - 09/21/06
CALGARY, ALBERTA, (September 21, 2006) – Innicor Subsurface Technologies Inc. (TSX:IST) is pleased to announce that Innicor and Sondex plc have entered into a pre-acquisition agreement pursuant to which Sondex has agreed to acquire all of the issued and outstanding common shares of Innicor for a cash consideration of $3.75 per share by way of a take-over bid. Innicor has approximately 19.4 million common shares outstanding (on a fully diluted basis) representing a transaction value of approximately $72.8 million. View Entire Article (PDF)
Innicor Releases Financial Results For Fourth Quarter and Year Ended 2006 - 03/21/06
CALGARY, ALBERTA - Innicor Subsurface Technologies Inc., a leading Canadian manufacturer and distributor of downhole tools and equipment used in the oil and gas sector, today announced its financial results for the three and twelve months ended December 31, 2006. Read Entire Article (PDF)
Innicor Subsurface Technologies Inc. successfully installs liner hanger system offshore vietnam - 12/05/05
CALGARY, ALBERTA – Innicor Subsurface Technologies Inc. (“Innicor” or “the Company”) (TSX : IST) announced today that an Innicor Vari-Cone Hydraulic Set Liner Hanger system has been successfully installed in an offshore well for the Vietnamese state oil company, Vietsovpetro (“VSP”). This announcement follows a technical evaluation of the installation, which took place in July, by Vietsovpetro and Innicor personnel. View Entire Article (PDF)
Innicor Relocates Calgary Manufacturing Facility & Head Office - 06/13/05
Innicor Subsurface Technologies Inc. is pleased to announce that it has relocated its Calgary manufacturing operations and its corporate head offices to a new facility located at 7071 - 112 Ave SE in the Calgary foothills industrial area. This new 77,000 sq. ft. facility, which was designed and built for Innicor, has allowed the Corporation to combine the four separate Calgary manufacturing facilities owned by Innicor into a single location. This move will allow Innicor to both increase its manufacturing efficiency and manufacturing capacity. View Entire Article (PDF)