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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 Amadeus2011on Jul 20, 2022 6:12am
192 Views
Post# 34836293

RE:RE:RE:RE:RE:If your invested, email Garnet/ESN ASAP

RE:RE:RE:RE:RE:If your invested, email Garnet/ESN ASAP

Excuse me? You won't do the research for me? 
My point is that you didn't do any research at all. 
And if you would care to read back through your original post you'll see that you were NOT talking about the CEO (Garnet).
You said...and I quote..."so many board members making 300k to 2 million"

BOARD MEMBERS. That's what you said and that's what I was correcting you on.

ESN has precisely THREE executives and FIVE  Board members.

As a publically traded company the rules say there must be oversight by a BoD. These people are generally the cream of the crop in the business world and don't work for free. So if you want to talk about compensation for the 5 board members, each averaging around $125k to $150k and then look at the THREE executives (which isn't many IMHO) I think you'll see that the less than a million cost for the entire board is pretty fair.

And again, let's not forget that you were talking about the BOARD members, not the EXECUTIVES, according to your original post.



 

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