CALGARY, ALBERTA--(Marketwired - Nov. 27, 2015) - CERF Incorporated (the "Company" or "CERF") (TSX VENTURE:CFL) today announced its financial and operating results for the three and nine months ended September 30, 2015. "The third quarter of 2015 was again characterized by its challenging market conditions. However, we continue to believe that our diversified businesses, cost management strategies and strong balance sheet will enable CERF to mitigate the effects of a protracted economic downturn," said Wayne Wadley, President and CEO of CERF. "Over the past nine months, we have undertaken cost reduction initiatives which included reducing personnel in our Energy Services Division by 47%. We...
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