CALGARY, AB, May 10, 2021 /CNW/ - FIRST QUARTER HIGHLIGHTS Revenue for the first quarter of 2021 was $218.5 million, a 43 percent decrease from the first quarter of 2020 revenue of $383.9 million. Revenue by geographic area: Canada - $53.6 million, 24 percent of total; United States - $115.4 million, 53 percent of total; and International - $49.6 million, 23 percent of total. Canadian drilling recorded 1,846 operating [...]
Ensign Energy Services Inc. is scheduled to release its first quarter 2021 results before the markets open on Monday, May 10, 2021. A conference call and webcast has been scheduled for 10:00 AM MST on Monday, May 10, 2021. The conference participant call in numbers are as follows: US/Canada Dial-in #: 231-8191 or Local/Int'l Dial-In #: 427-7450 Conference ID #: 3088057 A live webcast of the conference call can be accessed [...]
Ensign Energy Services Inc. announces that effective March 18, 2021, it has amended the terms of the unsecured, subordinated convertible debentures of the Corporation in the principal amount of $37,000,000 which remain outstanding. The Corporation announced the issuance of the Convertible Debentures on March 29, 2018 and April 12, 2018. Prior to the Amendments described below, the Convertible Debentures matured on January [...]
2020 HIGHLIGHTS Revenue for 2020 was $936.8 million, a 41 percent decrease from 2019 revenue of $1,591.3 million. Revenue amounts and percentage of total by geographic area: Canada - $176.9 million, 19 percent; United States - $531.0 million, 57 percent; and International - $228.9 million, 24 percent. Canadian drilling recorded 5,599 operating days in 2020, a 37 percent decrease from 8,949 operating days in 2019. Canadian [...]
Ensign Energy Services Inc. is scheduled to release its fourth quarter 2020 results before the markets open on Friday, March 5, 2021. A conference call and webcast has been scheduled for 10:00 AM MST on Friday, March 5, 2021. The conference participant call in numbers are as follows: US/Canada Dial-in #: 231-8191 or Local/Int'l Dial-In #: 427-7450 Conference ID #: 7766149 A live webcast of the conference call can be [...]
Ensign Energy Services Inc. continues to deliver on 2020 priorities of balance sheet and liquidity preservation amidst a turbulent operating environment. On December 31, 2020, the Company amended and extended the existing $900.0 million revolving credit facility agreement with its syndicate of lenders. The amendments and one-year extension provide Ensign with continued access to revolver capacity and near-term flexibility [...]
THIRD QUARTER HIGHLIGHTS Revenue for the third quarter of 2020 was $156.9 million, a 60 percent decrease from the third quarter of 2019 revenue of $393.4 million. Revenue by geographic area: Canada - $21.8 million, 14 percent of total; United States - $83.3 million, 53 percent of total; and International - $51.8 million, 33 percent of total. Canadian drilling recorded 686 operating days in the third quarter of 2020, a 71 [...]
CALGARY, AB, Oct. 26, 2020 /CNW/ - Ensign Energy Services Inc. is scheduled to release its third quarter 2020 results before the markets open on Thursday, November 5, 2020. A conference call and webcast has been scheduled for 10:00AM MST on Thursday, November 5, 2020. The conference participant call in numbers are as follows: US/Canada Dial-in #: 231-8191 or Local/Int'l Dial-In #: 427-7450 Conference ID #: 6789671 A live [...]
SECOND QUARTER HIGHLIGHTS Revenue for the second quarter of 2020 was $194.8 million, a 48 percent decrease from the second quarter of 2019 revenue of $377.5 million. Revenue by geographic area: Canada - $17.0 million, nine percent of total; United States - $128.6 million, 66 percent of total; and International - $49.2 million, 25 percent of total. Canadian drilling recorded 377 operating days in the second quarter of [...]
CALGARY, AB, July 20, 2020 /CNW/ - Ensign Energy Services Inc. is scheduled to release its second quarter 2020 results before the markets open Monday, August 10, 2020. A conference call and webcast has been scheduled for 10:00AM MST on Monday, August 10, 2020. The conference participant call in numbers are as follows: US/Canada Dial-in #: 231-8191 or Local/Int'l Dial-In #: 427-7450 Conference ID #: 6694628 A live webcast [...]
Ensign Energy Services Inc. is pleased to announce the acquisition of Halliburton's 40% ownership in the joint venture operating under the name Trinidad Drilling International which owns and operates five drilling rigs in Mexico, Kuwait and Bahrain. The 40% ownership, inclusive of working capital in the TDI joint venture, was purchased for US $33.4 million from Ensign's cash on hand. With this acquisition, Ensign now owns [...]
Ensign Energy Services Inc. is pleased to announce the results of the election of directors held at the Company's annual meeting on May 8, 2020. Each of the nominee directors listed in the Company's management information circular dated March 20, 2020 was elected as a director. The results of the voting for each individual director are set forth below: Name of Nominee Votes For Percent Votes Withheld Percent Gary W [...]
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