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Calfrac Well Services Ltd.

11:43 AM EST - Calfrac Well Services Ltd. : announced its financial and operating results for the year ended December 31, 2010. Highlights include revenue of $935.9 million, an increase of 58% from 2009, and net income of $53.8 million or $1.23 per share diluted compared to a net loss of $5.5 million or $0.14 per share diluted in 2009. Calfrac Well Services Ltd. shares T.CFW are trading down $0.91 at $33.84.