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Ensign Energy Services Inc T.ESI

Alternate Symbol(s):  ESVIF

Ensign Energy Services Inc. is a technologically advanced oilfield service provider. It provides oilfield services to the oil and natural gas industry in Canada, the United States and internationally. Its services include drilling, directional drilling, well servicing and rental equipment. Its well services include well completion and re-completions, well abandonment, production workovers, downhole pump servicing and/or replacement, well sidetracking and deepening, fishing and swabbing operations, and corod injection. It offers a comprehensive range of resolutions, customized to meet the needs of its customers, including advanced drilling systems, automation technologies, directional drilling tools, and environmental innovations. Its ASR 150 is a fully automated service rig that eliminates all manual manipulation of tubulars from the pipe rack to the make-up of a connection, reducing the number of personnel on the rig floor. It offers pressure testing, tool rentals or torque wrenches.


TSX:ESI - Post by User

Comment by DeanEdmontonon Mar 03, 2023 12:21pm
129 Views
Post# 35317787

RE:Very Good Results and Strong Progress

RE:Very Good Results and Strong ProgressLooks like my predictions from a couple of days ago are pretty much spot on. I have no doubt the lending group will renew the loan terms without a problem. They are not going to alienate Murray Edwards over $700 million in loans.
DeanEdmonton wrote: Good to see today's results announcements. Nice steady upward progression in activity and profitability. Still packing a lot of debt for a company of this size but it can service it, and it is slowly reducing.


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