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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

Post by lifeisgood1010on Sep 30, 2024 12:49pm
637 Views
Post# 36247002

Fairfax buying Ensign drilling

Fairfax buying Ensign drillingGood morning Nothingmatters,

I guess being your biggest holding you must have noticed that Fairfax bought
another 425,200 shares Thursday and another 119,800 Friday.

They are getting closer and closer to the 20% mark.

I don't know what will be the end game and when it will occur but Fairfax is not buying such a large position for investment purposes only.

I don't know about them,but if it we me, i would wait before making an offer since i am still
being able to buy large amounts of shares at bargain prices.

When will they make a move on ESI.I don't know but i think that there is a strong posibility
of that occurring.

Have a nice day
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