Ensign Energy Services Inc ESVIF

Primary Symbol: T.ESI

Energy Oil & Gas Drilling

Ensign Energy Services Inc. is a Canada-based international oilfield services contractor. The Company provides oilfield services to the oil and natural gas industry in Canada, the United States and internationally. Its services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment, well servicing and production services. It offers a fleet of rigs, a range of drilling services, and also delivers customized solutions. The Company's well services include well completion and re-completions, well abandonment, production workovers, downhole pump servicing and/or replacement, well sidetracking and deepening, fishing and swabbing operations, and corod injection. The Company's ASR 150, is a fully automated service rig that eliminates all manual manipulation of tubulars from the pipe rack to the make-up of a connection, reducing the number of personnel on the rig floor. It provides pressure testing, tool rentals or torque wrenches.

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Ensign Energy Services Inc > Saudi Arabia, other oil producers announce 1.15million cut

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Comment by Possibleidiot01on May 08, 2023 7:36am

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Post# 35435949

RE:RE:RE:RE:RE:Saudi Arabia, other oil producers announce 1.15million cut

"articulate plain English"

Sounds oxymoronic like military intelligence.
Most people would say "speak plain English" . Keeping it simple. Maybe the ESL theory is right?

Results out. Cash flow up more than expenses. IMO debt not an issue ; well uder convenants; more cash being held at least for now.

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Drilling company poised to capitalize on market conditions