Ensign Energy Services Inc T.ESI

Alternate Symbol(s): ESVIF

Energy Oil & Gas Drilling

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.

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Ensign Energy Services Inc > Acquisition INSIDE NEWS

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Comment by malx1on May 05, 2023 2:37pm

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Post# 35433568

RE:Acquisition INSIDE NEWS

Insider wrote: Heard from well placed sources that acquisition talks are underway and Ensign might be acquired at a 80-85% premium taking the share price of Ensign close to $7.5 from the current $4.
Announcement expected in first week of March 2023 along with Financial results.
Hold or buy and be ready to sell when the price tops $7

It's the first week of May.

Ensign hasn't been acquired.

What do your "well placed sources" say about the weather this week?

I'm planting seeds, so if you tell us it will be sunny then I'll know rain is on the way.

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