OVERVIEW Revenue for the three months ended March 31, 2019 was $445.3 million, an increase of 72 percent from revenue for the three months ended March 31, 2018 of $258.5 million. Revenue, net of third party, for the three months ended March 31, 2019 was $412.4 million, an increase of 82 percent from Revenue, net of third party, for the three months ended March 31, 2018 of $227.0 million. Adjusted EBITDA totaled $115.5 [...]
Ensign Energy Services Inc. is pleased to announce the results of the election of directors held at the Company's annual meeting on May 10, 2019. Each of the nominee directors listed in the Company's management information circular dated March 22, 2019 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 N. Murray [...]
CALGARY, April 30, 2019 /CNW/ - Ensign Energy Services Inc. is scheduled to release its first quarter 2019 results before the markets open Monday, May 13, 2019. A conference call and webcast has been scheduled for 2:00PM MDT on Monday, May 13, 2019. The conference participant call in numbers are as follows: US/Canada Dial-in #: 231-8191 or Int'l/Local Dial-In #: 427-7450 Conference ID #: 3256115 A digital recording [...]
Ensign Energy Services Inc. announced today that its wholly-owned subsidiary, Ensign Drilling Inc. , has closed the previously announced offering of US$700 million aggregate principal amount of its 9.25% Senior Notes due 2024 . The Notes are fully and unconditionally guaranteed by Ensign and all of Ensign's existing and future restricted subsidiaries that are borrowers or guarantors under Ensign's existing revolving [...]
Ensign Energy Services Inc. announced today that its wholly-owned subsidiary, Ensign Drilling Inc. , has priced an offering of US$700 million aggregate principal amount of its 9.25% Senior Notes due 2024 . The sale of the Notes is expected to be consummated on or about April 10, 2019, subject to customary closing conditions. Ensign intends to use the net proceeds of the offering and cash on hand to repay all outstanding [...]
Ensign Energy Services Inc. announced today that its wholly-owned subsidiary, Ensign Drilling Inc. , intends to offer US$700 million aggregate principal amount of senior notes due 2024 , subject to market and other conditions. Ensign intends to use the net proceeds of the offering and cash on hand to repay all outstanding loans under Ensign's existing senior loan facility and to pay related fees and expenses. The Notes [...]
Ensign Energy Services Inc. is pleased to provide an update on recently awarded drilling rig contracts and the integration of Trinidad Drilling Ltd. . New Drilling Rig Contracts Ensign has recently been awarded significant new drilling contracts in the United States, Canada and the Middle East. The cost to prepare and mobilize the rigs required to fulfill these new contractual obligations will not require any increase to [...]
CALGARY, March 7, 2019 /CNW/ - OVERVIEW Revenue for the year ended December 31, 2018 was $1,156.4 million, an increase of 16 percent from 2017 revenue of $1,000.7 million. Revenue, net of third party, for the year ended December 31, 2018 was $1,021.9 million, an increase of 17 percent from Revenue, net of third party, for the year ended December 31, 2017 of $873.9 million. Adjusted EBITDA for 2018, totaled $255.7 million [...]
CALGARY, March 1, 2019 /CNW - Ensign Energy Services Inc. is scheduled to release its fourth quarter 2018 results after the markets close on Thursday, March 7, 2019. A conference call and webcast has been scheduled for 2:00PM MDT on Friday, March 8, 2019. The conference participant call in numbers are as follows: US/Canada Dial-in #: 231-8191 or Int'l/Local Dial-In #: 427-7450 Conference ID #: 3492669 A digital [...]
Ensign Energy Services Inc. announces that its Board of Directors has declared a first quarter dividend of $0.12 per common share on its common shares , payable on or about April 4, 2019 to shareholders of record at the close of business on March 25, 2019. The dividend is pursuant to the quarterly dividend policy adopted by Ensign. Pursuant to subsection 89 of the Income Tax Act , the dividend being paid is designated as [...]
Ensign Energy Services Inc. announced today an update on a number of corporate matters: Acquisition and Financing Update On November 27 and 28, 2018, Ensign announced the successful acquisition of a total of 66.73% of the outstanding common shares of Trinidad Drilling, including the 9.82% previously held by Ensign, which increased to 89.3% by December 21, 2018. After the November 27th announcement, all of Trinidad's [...]
Ensign Energy Services Inc. and Trinidad Drilling Ltd. announce that the amalgamation of Trinidad and Ensign Holdings Inc. will be completed on February 15, 2019. The Amalgamation was approved at the special meeting of holders of common shares of Trinidad held on January 31, 2019. Pursuant to the terms of the amalgamation agreement between Trinidad and Holdings, each Trinidad Shareholder will, upon completion of the [...]
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