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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 LuckyLuchon Jan 12, 2017 8:40pm
68 Views
Post# 25702283

RE:RE:here comes GMP...House #74

RE:RE:here comes GMP...House #74
iceberg=show say 5000 shares bid with a reserve of 45,000 hid below

stay bid=staying best bid

get size done=being able to execute multiple six fig+ orders.

It is a very good sign that GMP showed up buying today, they have bought a negligible amout over the past year.  Not great for us as we have been getting our bids hit down to .80 for the past cpl weeks. 298 rigs working in the WCSB....last year was around 200, probably will peak at 400 by end of Feb before breakup.  The year/year comps will be better going forward.  We continue to add, after the recent pop by CET CN...ESN is back as the cheapest risk adjusted service name...by far.

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Wow....That sounds very impressive but I have absolutely no idea what any of that means!
"iceberg"? "stay bid"? "get size done">
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