Essential Energy Services Ltd EEYUF

Primary Symbol: T.ESN

Energy Oil & Gas Equipment & Services

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.

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Essential Energy Services Ltd

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Comment by LuckyLuchon Dec 09, 2016 9:14pm

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Post# 25579259

RE:RE:RE:RE:RE:RE:CIBC

Thx for the color. I think FRC would be a great fit as well. FRC was praying that either Calfrac or Trican would have gone bust and scattered, close on both but not going to happen. Any hopes that BHI was going to leave canada is dashed after BHI announed the combine and spin deal w/private equity-Goldman. FRC has a pristine balance sheet and has to move beyond fraccing and fluid mgt., relatively lofty valuation would allow them to pay more of a premuim but remain accretive.

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