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 > Obviosuly the debt rollover is of concern to investors...

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Comment by Possibleidiot01on Sep 01, 2023 9:14pm

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Post# 35617115

RE:Obviosuly the debt rollover is of concern to investors...

I've been coming to the conclusion that the reason for the slow resolution of the debt is the company is waiting for either the interest rates to top out or more likely reverse somewhat because they don't want to get stuck paying more than a pre determined rate for an extended period.
Would like it solved.

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