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Essential Energy Services Ltd T.ESN

Essential Energy Services Ltd. is a Canada-based company that provides oilfield services to oil and natural gas producers, primarily in western Canada. The Company offers completion, production and well site restoration services to a diverse customer base. Its Essential Coil Well Service (ECWS) segment provides completion and production services throughout western Canada. The ECWS fleet is comprised of coiled tubing rigs, fluid pumpers, nitrogen pumpers and ancillary equipment. Its Tryton segment provides a range of downhole tools and rental services across the WCSB and in the United States for completion, production and wellsite restoration of oil and natural gas wells. Its services are offered with coiled tubing, fluid and nitrogen pumping, and the sale and rental of downhole tools and equipment. Its coiled tubing fleet is comprised of generation I, II, III and IV coiled tubing rigs, which are differentiated by their capability to service wells with varying depths and well pressures.


TSX:ESN - Post by User

Post by Ducimuson Sep 13, 2010 8:43pm
357 Views
Post# 17443542

Ducimus adds ESN.TO to his watchlist.

Ducimus adds ESN.TO to his watchlist.Having examined the chart of each of the stocks returned on tonight's market scan, this stock attracts
my attention by displaying characteristics signalling a potential entry into Stage II. I therefore added it
to my watchlist.

The market scan uses a "Stockcharts" scan syntax I personally developed, in order to identify stocks
likely to display the characteristics of stocks entering Stage II, as described by Stan Weinstein. The
principal scan criteria are basically set to identify stocks whose price is above their 150-day Moving
Average and whose daily volume is at least 50,000 and exceed by a margin of 3:1 the usual volume
levels displayed in the last 2 months.

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