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.

TSX:ESN - Post by User

Essential Energy Services Ltd

Bullboard Posts

Comment by LuckyLuchon Mar 02, 2017 2:28pm

116 Views

Post# 25921438

RE:RE:RE:Warren Buffett's greatest investing mistake c/o luckyluche

You may have bought at the wrong price but let me give you our chronology:

bot 1st @ .65 in Nov 2015, as low as .48....recently, added as high as around .84.

We own over 2 million shares with a low .60's avg.

Losing the patent litigation, while unlikely is by no means terminal. 7-12 mil as a best guess, lengthy appeals process with some funds being locked up in escrow until a final ruling. At which time, there would be overwhelming pressure to punt the company if ultimately found liable.

Bullboard Posts

TELUS adds 347K customers in Q3