Parkland Energy Services Inc. (PKE.V: Quote) Wednesday said the company has planned to stop the construction, supplies and pipeline segments of its operations as well as significantly decrease the level of fabrication services.
Parkland said it is planning to focus resources on its U.S. petroleum and natural gas properties, which is more profitable business.
Red Deer, Alberta-based Parkland holds non-operational working interests in foreign oil wells.
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by RTT Staff Writer
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