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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 Nov 21, 2024 2:52pm
33 Views
Post# 36324430

52 weeks high for ESI

52 weeks high for ESIThose who did their homework and saw that this sector was going from
head winds to huge tail winds are reaping the benefits.

ESI has just hit a 12 months high.Pdf is also up again today while
Akita is still being mostly ignored

Nat gas price going up as predicted by the drillers in their last 3 quarters report
is happening.

This will be very good for nat gas drilling here in Canada and in the USA

A lot of nat gas will be needed to fuel the data centers(AI)

The former CEO of Google recently said

"If we do not tackle the energy needs for Ai, we will run short on all energy supply."

Schmidt said that if we don't improve our energy infrastructure, the U.S. might run out of enough power for these demands within the next four years. Schmidt admits that these energy-hungry AI systems could make it even harder to meet climate goals.

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