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October 09, 2015 3:43 AM ET

Commercial Services and Supplies

Company Overview of Ceiba Energy Services Inc.

Company Overview

Ceiba Energy Services Inc. provides specialized environmental services primarily to the companies involved in the exploration, extraction, and production of oil and natural gas in western Canada. The company owns and operates custom treating, water disposal, and waste fluid disposal facilities in Alberta. It offers crude oil emulsion treatment, clean oil terminalling, storage and marketing of crude oil, and produced water and waste fluid processing and disposal services. The company was formerly known as Cancen Oil Canada Inc. and changed its name to Ceiba Energy Services Inc. in July 2013. Ceiba Energy Services Inc. was incorporated in 2010 and is headquartered in Calgary, Canada.

521 – 3rd Avenue SW

Suite 910

Calgary, AB T2P 3T3


Founded in 2010

26 Employees





Key Executives for Ceiba Energy Services Inc.

President and Director
Total Annual Compensation: $236.2K
Chief Financial Officer and Corporate Secretary
Total Annual Compensation: $97.5K
Chief Operating Officer and Director
Total Annual Compensation: $235.8K
Senior Vice President of Sales and Business Development
Total Annual Compensation: $203.5K
Compensation as of Fiscal Year 2014.

Ceiba Energy Services Inc. Key Developments

Ceiba Energy Services Inc. Announces Opening of Gordondale Waste Fluid Facility

Ceiba Energy Services Inc. announced that it has completed the commissioning of its Gordondale waste fluid facility in late August, 2015. The Gordondale facility is located on Township Road 794, west of Range Road 95 in Northwestern Alberta, in near proximity to Ceiba's Silver Valley facility. The Gordondale facility can accept waste fluids and produced water generated in oil and gas activities and adds approximately 120,000 m3 to Ceiba's annual disposal capacity. The Gordondale facility is the Company's second Class 1B waste fluid facility. Ceiba's next growth project is the Athabasca waste fluid facility, expected to be complete in the first half of 2016.

Ceiba Energy Services Inc. Presents at Peters & Co. Limited Annual Energy Conference 2015, Sep-16-2015 08:30 AM

Ceiba Energy Services Inc. Presents at Peters & Co. Limited Annual Energy Conference 2015, Sep-16-2015 08:30 AM. Venue: The Ritz-Carlton, 181 Wellington Street West, Toronto, Ontario, Canada.

Ceiba Energy Services Inc. to Open Gordondale Waste Fluid Facility in Fourth Quarter

Ceiba Energy Services Inc. announced that it is currently completing construction of its Gordondale waste fluid facility, which is scheduled to open in the fourth quarter. The addition of the Gordondale facility is expected to support disposal volumes of approximately 300 cubic meters per day. Currently, the SilverValley facility is running at approximately 75% disposal capacity and the company believes that developing the Gordondale satellite site as a Class 1B facility will increase capacity and expand revenue streams. Ceiba is well capitalized to complete the Gordondale facility with additional working capital available to pursue its strategy of developing future facilities and assess potential accretive acquisitions that are consistent with the company's long-term strategy. The company continues to actively pursue suitable locations to develop new facilities in under serviced or constrained markets. Ceiba is moving forward to complete the Athabasca 1B waste fluid disposal facility in early 2016. After deferring construction of the Athabasca facility in late 2014 to better understand the impact of lower oil prices on the waste fluid market for the facility, Ceiba continued to undertake extensive market analysis and customer discussions. This has led the company to remain confident about its original investment decision as waste fluid supply is expected to remain strong in the target markets. Ceiba expects to invest $4 million to complete construction of the facility for an early 2016 opening.

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