Western Energy Services Corp. provided capital expenditure guidance for the year 2014. For the period, the company has planned 2014 capital expenditure budget of approximately $65 million, which includes $12 million in expansion capital, $40 million in maintenance capital expenditures and $13 million in carry forward from Western's 2013 capital program.

Expansion capital of $12 million mainly relates to $10 million in additional oilfield rental equipment for Western's division AERO Rental Services. Maintenance capital of $40 million includes $20 million in drilling equipment, $10 million in critical spare equipment, and $7 million in well servicing equipment. In addition, the $13 million of carry forward from Western's 2013 capital program is for the completion of one telescopic Efficient Long Reach double drilling rig, as well as the completion of two 1,500 hp AC pad conversions in the United States.