Matthew fails to inspire Hurricanes

first_imgSYDNEY, Australia (CMC):A tidy all-round performance from Hayley Matthews failed to spark Hobart Hurricanes and the Sydney Sixers grabbed a seven-wicket victory over them in the Women’s Big Bash League yesterday.The West Indies Women’s opener hit the top score of 27, as the Hurricanes, choosing to bat, failed to ease worries about their batting and were restricted to a modest 106 for eight from their allocation of 20 overs in the 25th match of the League at Huntsville Oval.Matthews, a part-time off-spinner, returned to grab two wickets for 20 runs from 3.2 overs, but Australia international Elyse Perry made 44 not out to lead the successful chase for the Sixers.The result meant that the Hurricanes remained in fourth place on the eight-team table with seven points, but the Sixers improved to fifth with six points.Matthews and the Hurricanes now take a one-week break before returning to face Sydney Thunder, whose line-up includes West Indies Women’s captain Stafanie Taylor, on January 5 at Launceston.last_img read more

Fracking firms Calfrac, Trican report double-digit Q2 revenue declines

first_imgCompanies in this article: (TSX:CFW, TSX:TCW) Both companies said they expect stronger business conditions in the second half of 2019. CALGARY — Two of Canada’s biggest oil and gas well-fracking companies are posting double-digit percentage revenue declines as energy exploration spending slowed in the quarter ended June 30.Calfrac Well Services Ltd., which has operations in Canada, the U.S., Russia and Argentina, reported revenue of $430 million, a 21 per cent fall from $545 million in the same period of 2018.Trican Well Service Ltd., which is focused on the Canadian market, reported revenue of $110 million, a 36 per cent decline compared with $172 million in second quarter 2018.- Advertisement -The Calgary-based companies step in after a well is drilled to prepare it for production, performing operations including hydraulic fracturing, where liquids, sand and chemicals are injected under pressure to break up tight underground formations and free trapped oil and gas.Calfrac reported a net loss of $42 million, up from a loss of $15 million a year earlier, as its job count and pricing levels declined in both Canada and the United States.Trican’s net loss improved to $29 million from $35 million as it continued to sell equipment and cut costs, including implementing an unspecified number of job cuts during the second quarter.Advertisementlast_img read more