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Ensign Energy Services Inc T.ESI

Alternate Symbol(s):  ESVIF

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.


TSX:ESI - Post by User

Ensign Energy Services Inc > Any news
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Comment by Nothingmatterson Sep 22, 2021 9:59am
177 Views
Post# 33897794

RE:RE:Any news

RE:RE:Any newsThanks Dean and Basil...
DeanEdmonton wrote: Two big problems, lack of staff and the fact that the big NG producers are using all of their cashflow to zero out their debt. Unlike other times when prices have risen there is no rush to drill more wells and bring on more supply. Birchcliff, Peyto etc have all said they will pay off debt, then pay the cashflow to shareholders. They have no intetntion of bringing on more supply that they can't ship. They are better off with the high prices casued by tight supply.
Nothingmatters wrote: This is not moving up. Anything holding it down?




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