Friday, February 21, 2025

Ensign Take-Over Bid for Trinidad Expires, New Transaction Coming

Calgary-based oilfield service company Ensign Energy Services Inc.’s (stock ticker: ESI) offer to purchase all the common shares of Trinidad Drilling Ltd. (stock ticker: TDG), a contract drilling and services company, for $1.68 per share has expired. Trinidad will proceed with a special meeting of Trinidad shareholders scheduled for January 31, 2019 to consider, and approve, an ongoing private subsequent acquisition transaction. Ensign appointees began to

Ensign Energy Releases 2018 CapEx Budget, Brings on New Board Member

Ensign Energy Services Inc. (ticker: ESI) announced a CapEx of $64 million, comprised of $43 million for capital maintenance on the fleet and $21 million for equipment and optimization upgrades to the current fleet. Ensign said that the capital plan focuses on the continuation of appropriate certification and preventative maintenance of its high spec fleet, in addition to the selective

Ensign Energy Services Inc. – Day One Breakout Notes

Bob Geddes, president and COO of Ensign Energy Services Inc. (TSX: ESI), presented today at EnerCom’s The Oil & Gas Conference 20®. Ensign Energy Services is a global leader in oilfield services, headquartered out of Calgary, Alberta , operating in Canada , the United States and internationally. The company was the first to drill a horizontal well in Canada and