Source Energy Services

08/24/2026

WE ARE HIRING! Source Energy Services is looking for qualified, hard-working, and dedicated people to join our operations across Western Canada and Wisconsin. Some of our current roles we are recruiting for include:

Canada:
> Dispatcher - Calgary, AB
> Heavy Duty Mechanic - Grande Prairie, AB
> Maintenance Manager (FSN & STS) - Grande Prairie, AB
> Field Mechanic / Millwright - Grande Prairie, AB
> HSE Specialist - Peace River, AB
> Maintenance Manager - Peace River, AB
> Maintenance Technician - Peace River, AB
> Heavy Equipment Operator - Peace River, AB
> Shift Supervisor - Peace River, AB
> Haul Truck Operator - Peace River, AB

US:
> Plant Operator - Blair & Cameron, WI
> Heavy Equipment Operator - Blair & Cameron, WI
> Plant Utility / General Laborer - Blair, Cameron & Weyerhaeuser, WI
> Loader Operator - Weyerhaeuser, WI
> Haul Truck Operator - Cameron, WI
> Maintenance Tech (Nights) - Cameron, WI

To find out more and apply for these roles, visit: https://recruiting.ultipro.ca/SOU5001SOES/JobBoard/28ae0286-18de-437d-8ede-6d77325af5f0/?q=&o=postedDateDesc&w=&wc=&we=&wpst=

08/17/2026

We have had a great summer getting involved in many of the communities that we operate in!

From parades and highway cleanups to sponsoring local events and organizations, we are proud to support initiatives that contribute to the social and economic development of the communities around our operations.

To learn more about our Community Relations efforts, or to see whether Source Energy Services could be a good partner for your charity/event, please visit:
https://www.sourceenergyservices.com/community-relations

07/30/2026

Source Energy Services has announced their financial results for Q2 2026. As expected, second quarter activity levels remained slower than the prior year, as Source customers planned for a greater portion of program activity in the latter part of the year. For the three months ended June 30, 2026, Source achieved the following results:

- realized sand sales volumes of 831,234 metric tonnes (“MT”), a 24% decrease from the second quarter of 2025;
- generated sand revenue of $107.8 million and total revenue of $137.1 million, decreases of 33% and 32%, respectively, compared to the second quarter of 2025;
- realized gross margin of $17.4 million and Adjusted Gross Margin(1) of $29.8 million, representing decreases of 53% and 39%, respectively, when compared to the three months ended June 30, 2025;
- reported net loss of $5.6 million, a reduction of $19.2 million from the second quarter of 2025;
- realized Adjusted EBITDA(1) of $18.5 million, a $16.7 million decrease from the same period in 2025;
- achieved 60% utilization across the eleven-unit Sahara fleet, with operating units in the United States achieving 100% utilization during the second quarter;
- successfully completed Canada’s largest wet sand trial, which pumped over 71,000 MT of proppant for the pad;
- renewed the Normal Course Issuer Bid (the “NCIB”) through May 28, 2027 and repurchased 57,800 common shares under the program during the second quarter; and
- appointed Mr. Jeffrey Bowers to the Board of Directors.

To read the full press release, visit: https://www.sourceenergyservices.com/news-releases/source-energy-services-reports-q2-2026-results-and-appointment-to-the-board-of-directors

Note: 1) Adjusted Gross Margin (including on a per MT basis) and Adjusted EBITDA are not defined under IFRS (as defined herein) and might not be comparable to similar financial measures disclosed by other issuers, refer to ‘Non-IFRS Measures’ in the press release for reconciliations to measures recognized by IFRS. For additional information, please refer to Source’s Management’s Discussion and Analysis (“MD&A”), dated May 7, 2026, available online at www.sedarplus.ca.

Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and six months ended June 30, 2026.

07/20/2026

Source Energy Services is expanding our team in Wisconsin! Why work at Source?:
> Competitive pay
> Annual bonus opportunity
> 401(k) with company match
> Medical, Dental, and Life Insurance
> Employee Assistance Program (EAP)
> Company Wellness Program
> Employee Referral Program
> Career growth and advancement opportunities
> Strong commitment to safety and operational excellence

Our current open roles include:
> Administrative Assistant - Eau Claire, WI
> Recruiter - Blair or Cameron, WI
> HR Coordinator – Blair or Cameron, WI
> Heavy Equipment Operator - Blair & Cameron, WI
> Night Shift Plant Operator – Blair, WI
> Rail Operator – Blair, WI
> Haul Truck Operator – Cameron & Blair, WI
> Day Shift Plant Utility (General Laborer) – Cameron, Weyerhaeuser, and Blair WI
> Night Shift Plant Utility (General Laborer) – Cameron & Blair WI
> Loader Operator (Nights) - Weyerhaeuser, WI

To find out more and apply for these roles, visit: https://recruiting.ultipro.ca/SOU5001SOES/JobBoard/28ae0286-18de-437d-8ede-6d77325af5f0/?q=&o=postedDateDesc&w=&wc=&we=&wpst=

07/15/2026

We're excited to announce that we have completed the first ever full Wet Sand trial in Canada! The full Wet Sand Pad for Ovintiv totalled 71,585 MT, averaging approximately 3,300 MT/day pumped. Congratulations to Ovintiv, BJ Energy Solutions Canada, and all other service providers on this remarkable accomplishment. A special thank you to all Source Energy Services staff who worked hard in collaboration with Ovintiv to make the Wet Sand achievement a reality in Canada.

06/11/2026

We’re growing our team at Source Energy Services!

If you’re looking for your next opportunity and want to join a team of dedicated, hard-working professionals who proudly work within the energy industry, we want to meet you. Check out some of our current openings across our operations below:

US:
· HR Business Partner - Eau Claire, WI & Blair, WI
· Heavy Equipment Operator (Days / Nights) - Blair, Cameron, & Weyerhaeuser, WI
· Plant Operator (Nights) - Blair & Weyerhaeuser, WI
· Rail/Loadout Operator - Blair, WI
· Plant Utility [General Laborer] (Days / Nights) - Blair, Cameron, & Weyerhaeuser, WI
· Production Supervisor (Night Shift) - Blair, WI
· Maintenance Technician (Nights) - Cameron, WI

Canada:
· Procurement Manager - Calgary, AB
· Dispatch Supervisor - Calgary, AB
· HSE Specialist - Peace River, AB
· HR Coordinator - Peace River, AB
· Maintenance Manager - Peace River, AB
· Maintenance Technician - Peace River, AB
· Loader Operator - Peace River, AB
· Mobile Equipment Specialist - Peace River, AB
· STS HSE Administrator - Grande Prairie, AB
· Fleet Coordinator - Grande Prairie, AB
· Heavy Duty Mechanic - Grande Prairie, AB
· Field Mechanic / Millwright - Grande Prairie, AB
· Terminal Operator - Fox Creek (camp-based) & Wembley, AB, and Chetwynd & Taylor, BC

To find out more and apply for these roles, and see if we have any other opportunities that may be a good fit, please visit:
https://recruiting.ultipro.ca/SOU5001SOES/JobBoard/28ae0286-18de-437d-8ede-6d77325af5f0/?q=&o=postedDateDesc&w=&wc=&we=&wpst=

06/10/2026

Join us at the Peace River Agricultural Society grounds this Saturday, June 13th, at 11 AM, for the inaugural Peace River Colour Run!

Source Energy Services is a proud sponsor of the event, which supports children's organizations in town. Find out more on the event's page!

There are moments in planning this event where you realize… this is bigger than we imagined 💛

A HUGE thank you to Source Energy Services for stepping up with such a generous sponsorship for the Peace River Colour Run.

Your support is helping cover so many of the important pieces behind the scenes — the things that truly make this event come to life. Because of you, we’re able to focus on creating something unforgettable for our community and for the kids this event will support.

It means so much to see local businesses investing back into Peace River in such a meaningful way. This isn’t just a sponsorship — it’s a commitment to making a difference.

We are incredibly grateful to have you as part of this 💫

05/26/2026

Now Hiring Experienced Class 1 Truck Drivers!

What We're Looking For:
- 2+ years’ experience driving Super B's
- Must possess a valid Class 1 Driver’s License with a clean driving record (no suspensions)
- Must be able to pass pre-employment drug & alcohol testing
- Standard First Aid, H2S Alive, and CSO certifications are not required but are considered an asset

Why Work With Us:
- Competitive industry wage (% of truck revenue)
- Priority Utilization
- Eligible for Benefits
- Safety Bonuses
- Signing Bonus

The Job: Delivery and pick up of Source products (frac sand) in Grande Prairie, BC, and surrounding areas. We are looking for individuals with a hardworking attitude, who have working knowledge of tools and mechanics.

We are also looking for Owner/Operators to join our team.

Send us a PM if you are interested in finding out more info or applying.

05/21/2026

🏊‍♀️ Family Swim Night! 🏊‍♀️

Source Energy Services Peace River is sponsoring a family-friendly open swim on May 25th. Bring your crew and join the fun!

📍Peace Regional Pool | ⏰ 6:30pm to 8:30pm

Our next Free Swim is coming up this Monday from 6:30-8:30pm! Thank you to our sponsor, Source Energy Services!

05/08/2026

Source Energy Services is pleased to announce our financial results for Q1 2026. Activity levels were moderated relative to 2025 as ongoing economic uncertainty and lower commodity pricing for most of the period led Source customers to plan for more balanced activity levels throughout 2026. For the three months ended March 31, 2026, Source achieved the following results:

- realized sand sales volumes of 871,581 metric tonnes (“MT”) and sand revenue of $125.8 million, a decrease of 23% compared to the first quarter of 2025;
- generated total revenue of $160.2 million, a $48.3 million decrease from the first quarter of 2025;
- realized gross margin of $22.0 million and Adjusted Gross Margin(1) of $35.4 million, decreases of 40% and 23%, respectively, when compared to the three months ended March 31, 2025;
- reported net loss of $3.3 million, a reduction of $26.9 million from the first quarter of 2025;
- realized Adjusted EBITDA(1) of $26.3 million, a $7.4 million decrease from the same period in 2025;
- achieved 78% utilization across the eleven-unit Sahara fleet, with operating units in the United States achieving 100% utilization during the first quarter of 2026;
- accepted delivery of the first unit train at the Taylor transload facility;
- repurchased 2,500 common shares during the period under the Normal Course Issuer Bid (the “NCIB”), resulting in cumulative repurchases of 467,300 common shares under the program; and
- renewal of the NCIB, as approved by Source’s board of directors, upon expiry of the existing program on May 12, 2026 and subject to Toronto Stock Exchange approval, subsequent to the end of the quarter.

To read the full press release, visit: https://www.sourceenergyservices.com/news-releases/source-energy-services-reports-q1-2026-results

Note: 1) Adjusted Gross Margin (including on a per MT basis) and Adjusted EBITDA are not defined under IFRS (as defined herein) and might not be comparable to similar financial measures disclosed by other issuers, refer to ‘Non-IFRS Measures’ in the press release for reconciliations to measures recognized by IFRS. For additional information, please refer to Source’s Management’s Discussion and Analysis (“MD&A”), dated May 7, 2026, available online at www.sedarplus.ca.