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Essential Energy Services Ltd EEYUF


Primary Symbol: 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

Comment by schmoltzieon May 08, 2014 1:18pm
436 Views
Post# 22539550

RE:RE:Let the bleeding begin

RE:RE:Let the bleeding beginI know my buddy, who drills ratholes and cellars for the rigs says it is the slowest break up he has seen in a decade. No body even at their shop on Saturday and the yard gate was locked. Every truck in the yard.

ESN is a good company, but the earnings just keep falling off. I am crossing my fingers for a bargain by September. LNG announcements keep looming, and are supposed to come before summer, so I am nervous to be sitting on the sidelines, but I think the Q2 release is going to be more of the same.
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