Diamond Energy Services, a Swift Current, Saskatchewan

Saskatchewan

Saskatchewan is a prairie province in Canada, which has an area of . Saskatchewan is bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, and on the south by the U.S. states of Montana and North Dakota....

 company is an operating company of TerraVest Income Fund

TerraVest Income Fund

TerraVest Income Fund , is a publicly traded income trust with a portfolio of diversified businesses and whosestated objective is to provide stable and increasing cash returns to its unitholders.-Profile:...

. Diamond Energy operates in the oilfield services business and maintains office and shop facilities in Medicine Hat and Red Deer

Red Deer, Alberta

Red Deer is a city in Central Alberta, Canada. It is located near the midpoint of the Calgary-Edmonton Corridor and is surrounded by Red Deer County. It is Alberta's third-most-populous city – after Calgary and Edmonton. The city is located in aspen parkland, a region of rolling hills...

, Alberta

Alberta

Alberta is a province of Canada. It had an estimated population of 3.7 million in 2010 making it the most populous of Canada's three prairie provinces...

.

Profile

Diamond Energy provides well

Oil well

An oil well is a general term for any boring through the earth's surface that is designed to find and acquire petroleum oil hydrocarbons. Usually some natural gas is produced along with the oil. A well that is designed to produce mainly or only gas may be termed a gas well.-History:The earliest...

 servicing to both the oil

Oil

An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....

 and natural gas

Natural gas

Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...

 sectors in southwestern Saskatchewan

Saskatchewan

Saskatchewan is a prairie province in Canada, which has an area of . Saskatchewan is bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, and on the south by the U.S. states of Montana and North Dakota....

, with a growing presence in central Alberta

Alberta

Alberta is a province of Canada. It had an estimated population of 3.7 million in 2010 making it the most populous of Canada's three prairie provinces...

. With 130 employees, the company operates through two divisions: Diamond Sage Well Services and Diamond Coiled Tubing. Diamond Sage Well Services operates seventeen oil

Oil

An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....

 and gas well servicing rig

Rig

Rig may refer to:* Rig, Something that a dog pulls when Mushing* Rig, a slang term referring to a tractor unit* Drilling rig, a structure housing equipment used to drill or extract oil from underground* Gaming rig, a PC built for high-performance gaming...

s and one swabbing unit from facilities in Swift Current and Red Deer. Diamond Coiled Tubing operates six coiled tubing units from facilities in Swift Current and Medicine Hat.

Corporate governance

Current members of the board of directors

Board of directors

A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 of TerraVest Income Fund

TerraVest Income Fund

TerraVest Income Fund , is a publicly traded income trust with a portfolio of diversified businesses and whosestated objective is to provide stable and increasing cash returns to its unitholders.-Profile:...

 are: John Zaozirny

John Zaozirny

John Brian Zaozirny is a businessman as well as a former lawyer and provincial level politician from Alberta, Canada. He served as a member of the Legislative Assembly of Alberta from 1979 to 1986...

, Bob Phillips

Bob Phillips

Robert Leon Phillips, known as Bob Phillips , is an American television journalist best known for his long-running program Texas Country Reporter...

, Jim Hall

Jim Hall

Jim Hall is the name of:* Jim Hall , jazz guitarist and composer* Jim Hall , Australian boxer in the late 19th century* Jim Hall , race car driver and founder of Chaparral Cars...

, Murray Wallace

Murray Wallace

Murray Ian Wallace was a Scottish international rugby union player, who played for . He was capped three times between 1996-97.He is six foot three and weighed 210lbs...

, Dale Laniuk, Tom Kileen, and Tim Zosel.