Ridgeline Energy Services Inc is positioned to meet a growing demand for oilfield waste treatment and remediation services in Western Canada, driven by increasingly stringent environmental regulations and the vast number of historic and producing wells and production-related sites.
The win-win in waste treatment, turn oil and gas waste into landfill cover.
Ridgeline's shares began trading on the TSX Venture Exchange under the symbol RLE in July 2006 through the reverse takeover of Gavwest Ventures Inc.
There are over 75,000 wells awaiting decommissioning in Alberta, with approximately 10,000 more shut-in each year. Decommissioning is an ongoing process, so market demand for Ridgeline's services is expected to grow irrespective of commodity prices.
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