BNET Industries
Market Cap:$32.1M
Last Fiscal Year Sales:$63.9M
- Public
- CA
Dow Jones Description
Destiny provides Seismic Front-End Services comprised of seismic survey and mapping Wolf Survey & Mapping Canada / Wolf Survey & Mapping US, seismic line clearing Destiny Line Clearing and shot-hole drilling Double R Drilling to energy explorers and producers and to seismic acquisition companies. Destiny provides navigation, positioning and asset management technology to improve the productivity and safety of seismic operations through its Kodiak Nav Solutions division and locating services to a variety of industries through its Advanced Locating Service division.
Chief Executive Officer
Bruce R. LibinNumber of Employees 30
Contact Information
444 58th Ave SE Ste 300
Calgary, Alberta T2H 0P4
(403) 237-6437
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
Recent Events
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Destiny Resource to merge with Logan Oil
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Destiny to merge with privately held Logan Oil Tools
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Destiny Resource director Gartner resigns
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Destiny Resource earns $606,308 in Q3 2009
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Destiny Resource loses $603,882 in Q2 2009
News & Analysis
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destiny resource services corp. - All News and Analysis
Relative Valuations of Small Caps Look Stretched
David I. Templeton submits: Historically, small cap stock returns coming out of a bear market have outperformed large cap stocks. The performance of small caps relative to large caps since the March 9th lows has been no different. The small cap outperformance tends to run for a period of around...
Destiny Resource Services Corp. Announces New Director.
CALGARY, ALBERTA, May 21, 2009 Marketwire via COMTEX -- Destiny Resource Services Corp. (TSX:DSC) announced today the addition of Lorne Gartner to its Board of Directors. At the May 11, 2009 Annual General Meeting, shareholders re-elected the incumbent directors: Glen Roane (lead...
Destiny Resource Services Corp. Announces Q1'09 Results.(Financial report)
CALGARY, ALBERTA, May 11, 2009 Marketwire via COMTEX -- Destiny Resource Services Corp. (TSX:DSC) announced today its 2009 First Quarter results. Destiny Resource Services Corp. (the "Company") provides Seismic Front-End Services to energy explorers and producers and to seismic acquisition...
Destiny Resource Services Corp. Announces 2008 Results and Annual Meeting of Shareholders.
CALGARY, ALBERTA, Mar 10, 2009 Marketwire via COMTEX -- Destiny Resource Services Corp. (TSX:DSC) announced today its 2008 year end and fourth quarter results and the Annual Meeting of Shareholders. FINANCIAL HIGHLIGHTS The following table highlights certain financial information...
Destiny Resource Services Corp. Announces the $3.9mm Acquisition of a US Seismic Drilling Business; Renewed and Expanded Banking Facilities.
CALGARY, ALBERTA, Apr 1, 2008 Marketwire via COMTEX -- Destiny Resource Services Corp. (TSX:DSC) announced today the acquisition of a US seismic drilling business and its renewed and expanded banking facilities. US SEISMIC DRILLING BUSINESS "We today announce the...
Destiny Resource Services Corp. Announces 2007 Results and Annual Meeting of Shareholders.
CALGARY, ALBERTA, Mar 5, 2008 Marketwire via COMTEX -- Destiny Resource Services Corp. (TSX:DSC) announced today its 2007 year end and fourth quarter results and the Annual Meeting of Shareholders. FINANCIAL HIGHLIGHTS The following table highlights certain financial information of the...
Destiny Resource Services Corp. Announces Q3'07 Results, Write-Down of Investment, Normal Course Issuer Bid.(Financial report)
CALGARY, ALBERTA, Nov 13, 2007 Marketwire via COMTEX -- Destiny Resource Services Corp. (TSX:DSC) announced today its 2007 Third Quarter results. Three Months Ended Nine Months Ended ...
Destiny Resource Services Corp. Announces 2007 First Quarter Results and Dividend Declaration.
CALGARY, ALBERTA, May 11, 2007 CCNMatthews via COMTEX -- Destiny Resource Services Corp. (TSX:DSC) announced today its 2007 First Quarter and the declaration of a dividend of $0.24 per share. "2007 is an interesting year for Destiny Resource Services Corp." said Bruce Libin, Executive...
Destiny Resource Services Corp. Announces 2006 Results; Dividend Declaration and Annual Meeting of Shareholders.
CALGARY, ALBERTA, Mar 5, 2007 CCNMatthews via COMTEX -- Destiny Resource Services Corp. (TSX:DSC) announced today its 2006 year end and fourth quarter results, the declaration of a dividend of $0.24 per share and the Annual Meeting of Shareholders. FINANCIAL HIGHLIGHTS ...
Destiny Resource Services Corp. Announces Preliminary Q4 '06 Results, Management Promotions.(Financial report)
CALGARY, ALBERTA, Jan 22, 2007 CCNMatthews via COMTEX -- Destiny Resource Services Corp. (TSX:DSC) announced today preliminary, unaudited results for Q4'06, being revenue of $22.3 million (compared to $11.8 million for Q4'05), EBITDA of $3.6 million (compared to $2.1 million for Q4'05) and net earnings of...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Bruce R. Libin | Chief Executive Officer |
| Jim Holt | President |
| Cory Macleod | Chief |
| Denise Hudson | Chief Accountant |
| Patrick Egli | Chief Financial Officer |
| Pete Scott | Vice President, Drilling & Chief Safety Officer |
| Joe Pilieci | Vice President |
| Joe Pillieci | Vice President |
| Murray Leier | Vice President, Clearing |
| Warren Plue | Vice President |
| Brent Chalmers | General Manager, Destiny Drilling |
| Ed Kapala | General Manager of Safety |
| John Bjorklund | General Manager, Line Clearing |
| Mark Strickland | General Manager, Destiny Survey and Mapping |
| Glen D. Roane | Corp Director |
| Brad Kraus | Human Resources and Training Manager |
| Jim McLellan | Technology Manager |
| Robert Doroshenko | Operations Manager, Destiny Drilling |
| Scott Gregurek | Operations Manager |
| Sean Wilson | Gis Service Manager, Destiny Survey and Mapping |
| Terry Wattie | Business Development Manager |
| Tom Stewart | Manager, IT |
| Wayne Krieger | Hr Manager, Destiny Drilling |
| Barrett Boulton | Operations Supervisor, Advanced Locating Services |
| Doug Jardine | Operations Supervisor, Destiny Survey and Mapping |
| Mike Dodge | Operations Supervisor, Navigation Technologies |
| Mike Hildebrand | Operations Supervisor, Destiny Drilling |
| Oliver Bak | Operations Supervisor, Line Clearing |
| Raymond Wall | Leader |
| Richard Banner | Operations Supervisor, Line Clearing |
| Sajid Ikram | Software Developer |
| Wayne Maryniuk | Operations Supervisor, Destiny Survey and Mapping |
Bruce Libin is the Executive Chairman and Chief Executive Officer of Destiny Resource Services Corp. He has also been President of B.R. Libin Capital Corp. Mr. Libin is also a Director of Winstar Resources Ltd.
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Chief Executive Officer | Current |
| Destiny Resource Services Corp. | Executive Chairman | Current |
| Provident Energy Trust | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | President | Current |
| Society of Exploration Geophysicists | Board of Directors | Current |
| Destiny Resource Services Corp. | Vice President | Former |
Cory manages the seismic locating division for Advanced Locating and the operations division for TELDIG. He has been with Destiny for five years, previously with Wolf Survey and Mapping as a survey co-ordinator and a party chief. In April of 2008 he made the transition to Advanced Locating to run the seismic locating division.
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Chief | Current |
| Destiny Resource Services Corp. | Operations Supervisor, Advanced Locating Services | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Chief Accountant | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Vice President, Drilling & Chief Safety Officer | Current |
| Destiny Resource Services Corp. | Vice President, Drilling | Former |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Vice President, Clearing | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | General Manager, Destiny Drilling | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | General Manager of Safety | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | General Manager, Line Clearing | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | General Manager, Destiny Survey and Mapping | Current |
| Destiny Resource Services Corp. | Graduate Survey Engineer | Current |
| RMIT University | Degree In Geomatics Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Corp Director | Current |
| Destiny Resource Services Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Human Resources and Training Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Technology Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Operations Manager, Destiny Drilling | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Operations Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Gis Service Manager, Destiny Survey and Mapping | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Business Development Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Manager, IT | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Hr Manager, Destiny Drilling | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Operations Supervisor, Advanced Locating Services | Current |
| Advanced Locating Services Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Operations Supervisor, Destiny Survey and Mapping | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Operations Supervisor, Navigation Technologies | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Operations Supervisor, Destiny Drilling | Current |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Operations Supervisor, Line Clearing | Current |
Ray has over 15 years experience inside of the survey industry. He has been an employee of Destiny since 1999, and became operations supervisor in 2005. He has a strong background in all aspects of surveying including both conventional and GPS surveys. Ray is a strong leader inside of Destiny and supervises all of our U.S. seismic operations.
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Leader | Current |
Sajid Ikram is the President and founder of Binary Solutions Ltd. Mr. Ikram holds a bachelors degree in Computing Science from the University of Alberta. He has acted as a senior consultant to clients such as Capital Health Authority, Clinical Trials Program among others. Mr. Ikram has been a software developer and technology innovator with SHARP Environmental and Destiny Resource Services Corp. ("SHARP") since May, 1994 where he developed a sophisticated information management system for their environmental consultants. Mr. Ikram's experiences have allowed him to develop a network of contacts in the telecommunications, IT industry, government, education and venture capital and are an important asset to Binary Solutions business strategy. Mr. Ikram is responsible for strategic planning, business development and managing the daily operations of the corporation.
| Organization | Position | Status |
|---|---|---|
| Binary Solutions | President and Founder | Current |
| Destiny Resource Services Corp. | Software Developer | Current |
| University of Alberta | Bachelors Degree In Computing Science | Former |
| Organization | Position | Status |
|---|---|---|
| Destiny Resource Services Corp. | Operations Supervisor, Destiny Survey and Mapping | Current |
| Sait, LLC. | Diploma In Surveying and Mapping | Former |
Executive News
-
Destiny Resource loses $603,882 in Q2 2009
-
Destiny Resource Services Corp. Announces Q2'09 Results
| Volume | 3,695 |
| Shares Outstanding | 650.0K |
| Market Cap | 32.1M |
| Year High | 52.15 |
| Year Low | 26.66 |
| Earnings Per Share | 0.00 |
| P/E Ratio | N/A |
| Dividend | 0.7536 |
| Yield | 1.5218 |
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