SECOND QUARTER HIGHLIGHTS Revenue for the second quarter of 2022 was $344.1 million, a 62 percent increase from the second quarter of 2021 revenue of $212.3 million. Revenue by geographic area: Canada - $78.7 million, 23 percent of total; United States - $203.5 million, 59 percent of total; and International - $61.9 million, 18 percent of total. Canadian drilling recorded 2,369 operating days in the second quarter of [...]
Ensign Energy Services Inc. is scheduled to release its second quarter 2022 results before the markets open on Friday, August 5, 2022. A conference call and webcast has been scheduled for 10:00 AM MST on Friday, August 5, 2022. The conference participant call in numbers are as follows: US/Canada Dial-in #: 664-6392 or Local/Int'l Dial-In #: 764-8659 Conference ID #: 52222893 A live webcast of the conference call can be [...]
Ensign Energy Services Inc. is pleased to announce that pursuant to conversion notices received from all holders of its $37,000,000 principal amount of outstanding convertible debentures , Ensign has issued an aggregate of 21,142,857 common shares to the holders, at a conversion price of $1.75. The holders' elections to convert the Convertible Debentures were made following the issue of a notice by Ensign, on April 8 [...]
Ensign Energy Services Inc. is pleased to announce the results of the election of directors held at the Company's annual meeting on May 6, 2022. Each of the nominee directors listed in the Company's management information circular dated March 18, 2022 was elected as a director. The results of the voting for each individual director are set forth below: Name of Nominee Votes For % For Votes Withheld % Withheld Gary W [...]
FIRST QUARTER HIGHLIGHTS Revenue for the first quarter of 2022 was $332.7 million, a 52 percent increase from the first quarter of 2021 revenue of $218.5 million. Revenue by geographic area: Canada - $111.3 million, 34 percent of total; United States - $166.8 million, 50 percent of total; and International - $54.6 million, 16 percent of total. Canadian drilling recorded 3,728 operating days in the first quarter of 2022 [...]
Ensign Energy Services Inc. is scheduled to release its first quarter 2022 results before the markets open on Monday, May 9, 2022. A conference call and webcast has been scheduled for 10:00 AM MST on Monday May 9, 2022. The conference participant call in numbers are as follows: US/Canada Dial-in #: 664-6392 or Local/Int'l Dial-In #: 764-8659 Conference ID #: 36459767 A live webcast of the conference call can be accessed [...]
Ensign Energy Services Inc. is pleased to announce that it has issued a notice to redeem early, subject to preexisting conversion rights, all of its outstanding $37,000,000 aggregate principal amount of unsecured subordinated convertible debentures on June 7, 2022, . The Debentures, which have a maturity date of May 1, 2023, provide the holders of the Debentures with the right to convert the Principal Sum to common shares [...]
2021 HIGHLIGHTS Revenue for 2021 was $995.6 million, a six percent increase from 2020 revenue of $936.8 million. Revenue amounts and percentage of total by geographic area: Canada - $249.7 million, 25 percent; United States - $538.9 million, 54 percent; and International - $207.0 million, 21 percent. Canadian drilling recorded 8,979 operating days in 2021, a 60 percent increase from 5,599 operating days in 2020. Canadian [...]
Ensign Energy Services Inc. is scheduled to release its fourth quarter and year-ended 2021 results before the markets open on Friday, March 4, 2022. A conference call and webcast has been scheduled for 10:00 AM MST on Friday, March 4, 2022. The conference participant call in numbers are as follows: US/Canada Dial-in #: 664-6392 or Local/Int'l Dial-In #: 764-8659 Conference ID #: 67207260 A live webcast of the conference [...]
Ensign Energy Services Inc. , announces it has amended and extended the existing $900.0 million revolving credit facility agreement with its syndicate of lenders. The amendments and extension provide Ensign with continued access to revolver capacity in this volatile commodity price environment. The maturity date of the Credit Facility has been extended from November 25, 2022 to the earlier of: six months prior to the [...]
THIRD QUARTER HIGHLIGHTS Revenue for the third quarter of 2021 was $268.6 million, a 71 percent increase from the third quarter of 2020 revenue of $156.9 million. Revenue by geographic area: Canada - $74.5 million, 28 percent of total; United States - $140.3 million, 52 percent of total; and International - $53.8 million, 20 percent of total. Canadian drilling recorded 2,846 operating days in the third quarter of 2021, an [...]
Ensign Energy Services Inc. is scheduled to release its third quarter 2021 results before the markets open on Friday, November 5, 2021. A conference call and webcast has been scheduled for 10:00 AM MST on Friday, November 5, 2021. The conference participant call in numbers are as follows: US/Canada Dial-in #: 664-6392 or Local/Int'l Dial-In #: 764-8659 Conference ID #: 18256948 A live webcast of the conference call can be [...]