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 [...]
Ensign Energy Services Inc. and Trinidad Drilling Ltd. announce that at the special meeting of shareholders of Trinidad held earlier today, holders of common shares of Trinidad approved the amalgamation of Trinidad and Ensign Holdings Inc. A total of 247,542,440 Trinidad Shares, representing approximately 90.52% of the issued and outstanding Trinidad Shares, were represented in person or by proxy at the Meeting. The [...]
Ensign Energy Services and Trinidad Drilling announced today that, pursuant to Trinidad's previously announced consent solicitation relating to its outstanding 6?% Senior Notes due 2025, approximately 99.5% of holders had consented to the adoption of the proposed amendments to the Notes, which amendments eliminate or modify substantially all of the restrictive covenants as well as certain events of default and other [...]
Ensign Energy Services and Trinidad Drilling announce today that Trinidad has entered into an amalgamation agreement with Ensign Holdings Inc. under which Trinidad will amalgamate with Holdings, with the amalgamated entity becoming an wholly-owned subsidiary of Ensign. The Amalgamation, which is subject to the approval of the holders of common shares of Trinidad, will constitute the subsequent acquisition transaction [...]
Ensign Energy Services Inc. and Trinidad Drilling Ltd. announced that Trinidad has commenced a change of control offer to purchase any and all of its outstanding 6?% Senior Notes due 2025 , at a price in cash equal to 101% of the principal amount of the Notes repurchased plus accrued and unpaid interest, if any, to the Settlement Date on Notes validly tendered in the Change of Control Offer. The Change of Control Offer is [...]
Ensign Energy Services and [wp=3081]Trinidad Drilling announce today Ensign's offer to purchase all the common shares of Trinidad for $1.68 per share has expired. Trinidad will proceed with the special meeting of Trinidad shareholders scheduled for January 31, 2019 to consider, and approve, a going private Subsequent Acquisition Transaction. The record date for the Meeting is December 27, 2018. As Ensign exercises control and [...]
Ensign and Trinidad remind Trinidad shareholders that Ensign controls 86.73% of Trinidad common shares; offer final expiration at 5:00 p.m. on December 21, 2018 Last chance to receive $1.68 per Trinidad share in 2018 pursuant to the Offer rather than February 2019 if a Trinidad shareholder meeting is required to complete 100% acquisition of Trinidad by Ensign Trinidad shareholders who tender on or prior to December 21 [...]