Western Energy Services Corp. announced consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported revenue of CAD 110,887,000 against CAD 50,093,000 for the same period a year ago. EBITDA was CAD 44,242,000 against CAD 18,926,000 for the same period a year ago. Cash flow from operating activities was CAD 25,717,000 against CAD 9,614,000 for the same period a year ago. Capital expenditures were CAD 36,403,000 against CAD 14,939,000 for the same period a year ago. Net income was CAD 23,008,000 against CAD 11,344,000 for the same period a year ago. Net income per diluted share was CAD 0.38 against CAD 0.28 for the same period a year ago. Operating earnings was CAD 34,384,000 against CAD 14,089,000 for the same period a year ago. The company announced that company's 2012 capital spending is expected to total approximately CAD 125 million, which includes approximately CAD 75 million in expansion capital and CAD 50 million in maintenance capital. Expansion capital in the contract drilling segment aggregates to approximately CAD 65 million and mainly relates to company's drilling rig build program which includes the completion of seven telescopic ELR double drilling rigs in 2012, two of which have already been commissioned.