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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

Comment by Gaboraon Nov 26, 2019 1:12pm
194 Views
Post# 30394111

RE:RE:Orphan wells.

RE:RE:Orphan wells.Good question.  Energy sector has been unfavorable the last few years.  Climate change/ green initiative have been the main topic latetly.  Not good for us. 

A lot of companies went bust leaving thousands of abadoned wells (orphan wells).  Someone has to deal and pay for remidiation.

Companies like Essential could take advantage of both energy sector and climate change initiative programs.

Current provincial and federal governments are talking about it but not doing anything about it.  Still hoping funding be approved for Orphan wells remidiation.

Put people to work, clean the environment up. Win win for everyone.

At least I'm banking on it.

I know "Climate Change" been giving me grief.  We have to deal with it and the energy sector.  Let's put people back to work and find common groud for both the energy and and climate change.

Let's work together and make this country one to invest in again.

GLE
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