Brief: Step Energy Services Says Reduced Board Compensation By 20%
02/04/2020 13:55
April 2 (Reuters) - Step Energy Services Ltd STEP.TO :
* STEP ENERGY SERVICES LTD. CORPORATE UPDATE
* STEP ENERGY SERVICES LTD SAYS REDUCED 2020 PLANNED CAPITAL
PROGRAM BY 50% TO $ 23.5 MILLION
* STEP ENERGY SERVICES - REDUCED OVERHEAD BY ABOUT 50%
THROUGH
COMBINATION OF HEADCOUNT REDUCTIONS, SALARY ROLLBACK FOR
REMAINING STAFF OF BETWEEN 5-10%
* STEP ENERGY SERVICES LTD SAYS REDUCED BOARD COMPENSATION
BY 20%
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Further company coverage: STEP.TO
((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))
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