Bri-Chem's N. America drilling outlook clouded

May 14, 2013 | 02:31 PM | Thorsten Schier

Tags  Bri-Chem, quarterly earnings, steel, pipe, distribution, Thorsten Schier

NEW YORK — Bri-Chem Corp. says it is hard to predict how the rest of the year will shape up for the North American drilling market, although it does expect a second-quarter decline in Canadian activity due to the snow melt.

"Looking beyond (the second quarter), it is difficult to determine if demand for oilfield activity will increase as economic concerns are still impacting the stability of commodity prices," the company said May 13.....

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