Calfrac Well Services

TSX:CFW 3.44 -0.09 -2.55%

 Safety Performance

Calfrac has delivered strong safety performance over successive years. In 2012, the most recent year for which statistics are available, our people achieved a further year-over-year improvement in the total recordable injury frequency (TRIF), a broader measure than the lost-time injury frequency (LTIF), which went up from the previous year.

Throughout our Canada and United States operations, Calfrac’s TRIF declined from 4.46 in 2010 to 2.55 in 2011 and to 2.20 in 2012, and our LTIF declined from 0.24 in 2010 to 0.20 in 2011, but went up to 0.42 in 2012. 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, which is continually being updated and improved, 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.

Design Picture

Five Factors in Building Success

We partner with our customers in every way.

© 2017 Calfrac Well Services Ltd.