# EDGAR Filing Document

**Accession Number:** 0001166152
**File Stem:** 0001011438-23-000069
**Filing Date:** 2023-2
**Character Count:** 25886
**Document Hash:** 13dae2306ea5fd704dc260e106be8536
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001011438-23-000069.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001011438-23-000069

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**GROUP MEMBERS**: PHIL FROHLICH

**GROUP MEMBERS**: PRESCOTT GROUP AGGRESSIVE SMALL CAP II, L.P.

**GROUP MEMBERS**: PRESCOTT GROUP AGGRESSIVE SMALL CAP MASTER FUND, G.P.

**GROUP MEMBERS**: PRESCOTT GROUP AGGRESSIVE SMALL CAP, L.P.

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Civeo Corp
- **CENTRAL INDEX KEY:** 0001590584
- **STANDARD INDUSTRIAL CLASSIFICATION:** HOTELS, ROOMING HOUSE, CAMPS & OTHER LODGING PLACES [7000]
- **IRS NUMBER:** 463831207
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-88178
- **FILM NUMBER:** 23594007

**BUSINESS ADDRESS:**
- **STREET 1:** THREE ALLEN CENTER
- **STREET 2:** 333 CLAY STREET, SUITE 4980
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77002
- **BUSINESS PHONE:** (713) 510-2400

**MAIL ADDRESS:**
- **STREET 1:** THREE ALLEN CENTER
- **STREET 2:** 333 CLAY STREET, SUITE 4980
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OIS Accommodations SpinCo Inc.
- **DATE OF NAME CHANGE:** 20131030
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.
- **CENTRAL INDEX KEY:** 0001166152
- **IRS NUMBER:** 731554000
- **STATE OF INCORPORATION:** OK
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1924 SOUTH UTICA
- **STREET 2:** SUITE 1120
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74104-6429
- **BUSINESS PHONE:** 918-747-3412

**MAIL ADDRESS:**
- **STREET 1:** 1924 SOUTH UTICA
- **STREET 2:** SUITE 1120
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74104-6429

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRESCOTT GROUP CAPITAL MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 20020128

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

### SCHEDULE 13G

#### (Amendment No. 2)

#### (Rule 13d-102)

#### INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO

#### RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

#### PURSUANT TO RULE 13d-2(b)

### Civeo Corporation

#### (Name of Issuer)

#### Common Shares, no par value per share

#### (Title of Class of Securities)

#### 17878Y207

#### (CUSIP Number)

#### December 31, 2022

#### (Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

------

CUSIP No. 17878Y207

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;1  | NAME OF REPORTING PERSONS<br>Prescott Group Capital Management, L.L.C. | NAME OF REPORTING PERSONS<br>Prescott Group Capital Management, L.L.C. | NAME OF REPORTING PERSONS<br>Prescott Group Capital Management, L.L.C. |
| &nbsp;&nbsp;&nbsp;&nbsp;2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ |
| &nbsp;&nbsp;&nbsp;&nbsp;3 | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;&nbsp;&nbsp;4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;5 | SOLE VOTING POWER<br>784,988 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;6 | SHARED VOTING POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;7 | SOLE DISPOSITIVE POWER<br>784,988 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;8 | SHARED DISPOSITIVE POWER<br>0 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7%\*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7%\*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7%\*\* |
| 12 | TYPE OF REPORTING PERSON\*<br>IA | TYPE OF REPORTING PERSON\*<br>IA | TYPE OF REPORTING PERSON\*<br>IA |

---

\* SEE INSTRUCTIONS BEFORE FILLING OUT

\*\* SEE ITEM 4.

------

CUSIP No. 17878Y207

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;1  | NAME OF REPORTING PERSONS<br>Prescott Group Aggressive Small Cap, L.P. | NAME OF REPORTING PERSONS<br>Prescott Group Aggressive Small Cap, L.P. | NAME OF REPORTING PERSONS<br>Prescott Group Aggressive Small Cap, L.P. |
| &nbsp;&nbsp;&nbsp;&nbsp;2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ |
| &nbsp;&nbsp;&nbsp;&nbsp;3 | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;&nbsp;&nbsp;4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;5 | SOLE VOTING POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;6 | SHARED VOTING POWER<br>784,988 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;7 | SOLE DISPOSITIVE POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;8 | SHARED DISPOSITIVE POWER<br>784,988 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7% \*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7% \*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7% \*\* |
| 12 | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN |

---

\* SEE INSTRUCTIONS BEFORE FILLING OUT

\*\* SEE ITEM 4.

------

CUSIP No. 17878Y207

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;1  | NAME OF REPORTING PERSONS<br>Prescott Group Aggressive Small Cap II, L.P. | NAME OF REPORTING PERSONS<br>Prescott Group Aggressive Small Cap II, L.P. | NAME OF REPORTING PERSONS<br>Prescott Group Aggressive Small Cap II, L.P. |
| &nbsp;&nbsp;&nbsp;&nbsp;2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ |
| &nbsp;&nbsp;&nbsp;&nbsp;3 | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;&nbsp;&nbsp;4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;5 | SOLE VOTING POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;6 | SHARED VOTING POWER<br>784,988 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;7 | SOLE DISPOSITIVE POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;8 | SHARED DISPOSITIVE POWER<br>784,988 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7%\*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7%\*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7%\*\* |
| 12 | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN |

---

\* SEE INSTRUCTIONS BEFORE FILLING OUT

\*\* SEE ITEM 4.

------

CUSIP No. 17878Y207

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;1  | NAME OF REPORTING PERSONS<br>Prescott Group Aggressive Small Cap Master Fund, G.P. | NAME OF REPORTING PERSONS<br>Prescott Group Aggressive Small Cap Master Fund, G.P. | NAME OF REPORTING PERSONS<br>Prescott Group Aggressive Small Cap Master Fund, G.P. |
| &nbsp;&nbsp;&nbsp;&nbsp;2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ |
| &nbsp;&nbsp;&nbsp;&nbsp;3 | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;&nbsp;&nbsp;4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma | CITIZENSHIP OR PLACE OF ORGANIZATION<br>State of Oklahoma |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;5 | SOLE VOTING POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;6 | SHARED VOTING POWER<br>784,988 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;7 | SOLE DISPOSITIVE POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;8 | SHARED DISPOSITIVE POWER<br>784,988 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7% \*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7% \*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7% \*\* |
| 12 | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN |

---

\* SEE INSTRUCTIONS BEFORE FILLING OUT

\*\* SEE ITEM 4.

------

CUSIP No. 17878Y207

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;1  | NAME OF REPORTING PERSONS<br>Phil Frohlich | NAME OF REPORTING PERSONS<br>Phil Frohlich | NAME OF REPORTING PERSONS<br>Phil Frohlich |
| &nbsp;&nbsp;&nbsp;&nbsp;2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\*<br> (a) ☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ |
| &nbsp;&nbsp;&nbsp;&nbsp;3 | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| &nbsp;&nbsp;&nbsp;&nbsp;4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>U.S. Citizen | CITIZENSHIP OR PLACE OF ORGANIZATION<br>U.S. Citizen | CITIZENSHIP OR PLACE OF ORGANIZATION<br>U.S. Citizen |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;5 | SOLE VOTING POWER<br>784,988 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;6 | SHARED VOTING POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;7 | SOLE DISPOSITIVE POWER<br>784,988 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp;8 | SHARED DISPOSITIVE POWER<br>0 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>784,988 |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES\*<br>☐ |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7%\*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7%\*\* | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.7%\*\* |
| 12 | TYPE OF REPORTING PERSON\*<br>IN, HC | TYPE OF REPORTING PERSON\*<br>IN, HC | TYPE OF REPORTING PERSON\*<br>IN, HC |

---

\* SEE INSTRUCTIONS BEFORE FILLING OUT

\*\* SEE ITEM 4.

------

#### AMENDMENT NO. 2 TO SCHEDULE 13G
This Amendment No. 2 (the "Amendment") to the Schedule 13G (the "Schedule 13G") is being filed on behalf of Prescott Group Capital Management, L.L.C., an Oklahoma limited liability company ("Prescott Capital"), Prescott Group Aggressive Small Cap, L.P., an Oklahoma limited partnership ("Prescott Small Cap"), Prescott Group Aggressive Small Cap II, L.P., an Oklahoma limited partnership ("Prescott Small Cap II", and, together with Prescott Small Cap, the "Small Cap Funds"), Prescott Group Aggressive Small Cap Master Fund, G.P., an Oklahoma general partnership ("Master Fund") and Mr. Phil Frohlich, the principal of Prescott Capital, relating to the Common Shares, no par value per share (the "Common Shares"), of Civeo Corporation, a corporation organized under the laws of British Columbia, Canada (the "Issuer").

This Amendment relates to Common Shares of the Issuer held in the account of the Master Fund, of which the Small Cap Funds are general partners. Prescott Capital serves as the general partner and investment manager of the Small Cap Funds and may direct the Small Cap Funds, the general partners of the Master Fund, to direct the vote and disposition of the 784,988 Common Shares held by the Master Fund as of December 31, 2022. As the principal of Prescott Capital, Mr. Frohlich may direct the vote and disposition of the 784,988 Common Shares held by the Master Fund as of December 31, 2022.

This Amendment amends and restates the Schedule 13G as follows.

---

| | |
|:---|:---|
| **Item 1(a)** | **&nbsp;&nbsp;&nbsp;&nbsp; Name of Issuer.** |

---

Civeo Corporation (the "Issuer")

---

| | |
|:---|:---|
| **Item 1(b)** | **&nbsp;&nbsp;&nbsp;&nbsp; Address of Issuer's Principal Executive Offices.** |

---

Three Allen Center<br> 333 Clay Street, Suite 4980

Houston, Texas 77002

---

| | |
|:---|:---|
| **Item 2(a)** | **&nbsp;&nbsp;&nbsp;&nbsp; Name of Person Filing.** |

---

Prescott Group Capital Management, L.L.C. ("Prescott Capital"), Prescott Group Aggressive Small Cap, L.P. ("Prescott Small Cap"), Prescott Group Aggressive Small Cap II, L.P. ("Prescott Small Cap II" and, together with Prescott Small Cap, the "Small Cap Funds"), Prescott Group Aggressive Small Cap Master Fund, G.P. ("Master Fund") and Mr. Phil Frohlich.

---

| | |
|:---|:---|
| **Item 2(b)** | **&nbsp;&nbsp;&nbsp;&nbsp; Address of Principal Business Office, or, if none, Residence.** |

---

1924 South Utica, Suite 1120

Tulsa, Oklahoma 74104

---

| | |
|:---|:---|
| **Item 2(c)** | **&nbsp;&nbsp;&nbsp;&nbsp; Citizenship or Place of Organization.** |

---

Prescott Capital is an Oklahoma limited liability company. The Small Cap Funds are Oklahoma limited partnerships. The Master Fund is an Oklahoma general partnership. Mr. Phil Frohlich is the principal of Prescott Capital and is a U.S. citizen.

---

| | |
|:---|:---|
| **Item 2(d)** | **&nbsp;&nbsp;&nbsp;&nbsp; Title of Class of Securities.** |

---

Common Shares, no par value per share (the "Common Shares").

---

| | |
|:---|:---|
| **Item 2(e)** | **&nbsp;&nbsp;&nbsp;&nbsp; CUSIP Number.** |

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17878Y207

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|:---|:---|
| **Item 3** | **&nbsp;&nbsp;&nbsp;&nbsp; Reporting Person.** |

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#### If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

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|:---|:---|:---|:---|
|  | (a) | ☐ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
|  | (b) | ☐ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
|  | (c) | ☐ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
|  | (d) | ☐ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
|  | (e) | ☒ | An investment advisor in accordance with §240.13d-1(b)(1)(ii)(E). |
|  | (f) | ☐ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F). |
|  | (g) | ☒ | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G). |
|  | (h) | ☐ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). |
|  | (i) | ☐ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). |
|  | (j) | ☐ | A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J). |
|  | (k) | ☐ | Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____. |
| **Item 4** | **&nbsp;&nbsp;&nbsp;&nbsp; Ownership.** | **&nbsp;&nbsp;&nbsp;&nbsp; Ownership.** | **&nbsp;&nbsp;&nbsp;&nbsp; Ownership.** |

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(a) Each of Prescott Capital, the Small Cap Funds, the Master Fund and Mr. Phil Frohlich are the beneficial owners of 784,988 Common Shares as of December 31, 2022.

(b) Each of Prescott Capital, the Small Cap Funds, the Master Fund and Mr. Phil Frohlich are the beneficial owners of 5.7% of the outstanding Common Shares. This percentage is determined by dividing 784,988 by 13,712,661, the number of Common
 Shares outstanding as of October 21, 2022, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on October 28, 2022.

(c) Prescott Capital, as the general partner and investment manager of the Small Cap Funds, the general partners of the Master Fund, may direct the Small Cap Funds to direct the voting and disposition of the 784,988 Common Shares held by the
 Master Fund as of December 31, 2022. As the principal of Prescott Capital, Mr. Phil Frohlich may direct the voting and disposition of the 784,988 Common Shares held by the Master Fund as of December 31, 2022.

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| **Item 5** | **&nbsp;&nbsp;&nbsp;&nbsp; Ownership of Five Percent or Less of a Class.** |

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Inapplicable.

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| **Item 6** | **&nbsp;&nbsp;&nbsp;&nbsp; Ownership of More Than Five Percent on Behalf of Another Person.** |

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Inapplicable.

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| **Item 7** | **&nbsp;&nbsp;&nbsp;&nbsp; Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.** |

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Inapplicable.

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| **Item 8** | **&nbsp;&nbsp;&nbsp;&nbsp; Identification and Classification of Members of the Group.** |

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Inapplicable.

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|:---|:---|
| **Item 9** | **&nbsp;&nbsp;&nbsp;&nbsp; Notice of Dissolution of Group.** |

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Inapplicable.

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|:---|:---|
| **Item 10** | **&nbsp;&nbsp;&nbsp;&nbsp;Certification.** |

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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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#### SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 7, 2023<br>

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| Prescott Group Capital Management, L.L.C.<br>By: <u>/s/ Phil Frohlich</u><br> &nbsp;&nbsp;&nbsp;&nbsp; PHIL FROHLICH, Managing Member<br>|
| Prescott Group Aggressive Small Cap, L.P.<br>By: Prescott Group Capital Management, L.L.C., &nbsp;&nbsp;&nbsp;&nbsp; its general partner<br><u> </u><br>By: <u>/s/ Phil Frohlich</u><br> &nbsp;&nbsp;&nbsp;&nbsp; PHIL FROHLICH, Managing Member<br>|

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| Prescott Group Aggressive Small Cap II, L.P.<br>By: Prescott Group Capital Management, L.L.C., &nbsp;&nbsp;&nbsp;&nbsp; its general partner<br>By: <u>/s/ Phil Frohlich</u><br> &nbsp;&nbsp;&nbsp;&nbsp; PHIL FROHLICH, Managing Member<br>|
| Prescott Group Aggressive Small Cap Master Fund, G.P.<br>By: Prescott Group Aggressive Small Cap, L.P., general partner<br>By: Prescott Group Aggressive Small Cap II, L.P., general partner<br>By: Prescott Group Capital Management, L.L.C., &nbsp;&nbsp;&nbsp;&nbsp; its general partner<br>By: <u>/s/ Phil Frohlich</u><br> &nbsp;&nbsp;&nbsp;&nbsp; PHIL FROHLICH, Managing Member<br>|

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<u>/s/ Phil Frohlich</u><br> PHIL FROHLICH, Managing Member<br>

<br>