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.

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Ensign Energy Services Inc > Acquisition INSIDE NEWS

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Comment by malx1on Feb 17, 2023 12:12pm

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Post# 35292275

RE:Acquisition INSIDE NEWS

Insider wrote: Heard from well placed sources that acquisition talks are underway and Ensign might be acquired at a 80-85% premium taking the share price of Ensign close to $7.5 from the current $4.
Announcement expected in first week of March 2023 along with Financial results.
Hold or buy and be ready to sell when the price tops $7

Nothing here about cathedral.

And it's the acquiree who get a premium, not the acquiror.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle