Essential Energy Services Ltd 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 > THIS STOCK WILL BE A DOUBLE SOON

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Comment by Possibleidiot01on Sep 06, 2021 6:28am

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Post# 33816269

RE:RE:RE:RE:THIS STOCK WILL BE A DOUBLE SOON

As far as I can tell , the change of control compensation clause at what i think is an industry standard of 2 x would cost a purchaser of $7 million dollars which would be about 5 cents a share.
Not a big deal in my opinion.

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