Critical Control Energy Services Corp. reported financial results for the year ended December 31, 2016. The decline in the price of oil and gas since fourth quarter of 2014 impacted the industry causing reduced expenditure in exploration, development and operations. As a consequence, the corporation's revenue declined to $31.8 million in 2016 compared to $39.9 million in 2015, a 20.5% overall decline. The corporation's loss before tax improved to $3.0 million from a loss of $5.6 million in 2015. This change was a result of decreased general and administrative costs in 2016 compared to results from 2015 which included $3.6 million one-time reorganization expenses offset by a $1.1 million foreign currency gain.