Calfrac has delivered a high level of safety performance. In 2011, the most recent year for which statistics are available, our people achieved a substantial year-over-year improvement in the total recordable injury frequency (TRIF), a broader measure than the lost-time injury frequency (LTIF), which also remained at a low level.
Throughout our Canada and Unites States operations, Calfrac’s TRIF declined from 4.46 in 2010, to 2.55 in 2011, and our LTIF declined from 0.24 in 2010 to 0.20 in 2011. Both measures compare the number of qualifying injuries to a given number of person-hours worked to create normalized data that are easily comparable from year-to-year and company-to-company.
Calfrac’s strong safety performance is due to successful implementation of the Calfrac Management System and to strong enthusiasm and engagement by the Company’s entire organization, including the Board of Directors and senior management – plus our customers – combined with growing awareness of the benefits of following safe work practices on location by Calfrac’s field crews. In addition, the bonuses of our personnel are tied to Calfrac’s safety performance, creating a direct incentive for each individual to contribute to continually improving safety.
