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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 > debenture conversion
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Comment by itsalieon Jun 01, 2022 11:59am
144 Views
Post# 34723539

RE:RE:RE:debenture conversion

RE:RE:RE:debenture conversion
DeanEdmonton wrote: The debenture holders, including Edwards lent the company real cash when the shares were trading in the 50 cent range and most people were predicting the company would go broke completely. They could have bought up all of the companies shares at 50 cents and taken the company private. That would have massively screwed the rest of the shareholders. Yes, it is a very good thing to have someone with principles and deep pockets owning a big chunk of this company. If it wasn't for Edwards as a key player, I would not mess with ESI at all.
itsalie wrote:

Not sure if this is good news or bad news




You buying any other oil service stocks?

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