CALGARY, AB, June 7, 2021 /CNW/ – Ensign Energy Services Inc. (“Ensign” or “the Company”) (TSX: ESI) is pleased to announce the release of its inaugural Sustainability Report. 

“Ensign is an organization built on continuous improvement – a learning organization. We believe we can always do better, be better, and know more. This extends to our sustainability practices. Our report highlights the sustainability practices currently established at Ensign and initiatives underway to enhance our ESG performance. Releasing our inaugural Sustainability Report is a great milestone for Ensign. It not only reinforces our current commitment to ESG practices but showcases … Continue Reading

CALGARY, AB, May 11, 2021 /CNW/ – Ensign Energy Services Inc. (“Ensign” or “the Company”) announces it has filed its first quarter 2021 interim financial statements and MD&A on SEDAR. The non-cash working capital in operating activities and non-cash working capital in investing activities within the Consolidated Statements of Cash Flows have classification adjustments from the press release on May 10, 2021.

Ensign is a global leader in oilfield services, headquartered out of Calgary, Alberta, operating in Canada, the United States and internationally. We are one of the world’s top land-based drilling and well servicing contractors … Continue Reading

CALGARY, AB, May 10, 2021 /CNW/ – Ensign Energy Services Inc. (“Ensign” or “the Company”) (TSX: ESI) is pleased to announce the results of the election of directors held at the Company’s annual meeting on May 7, 2021. Each of the nominee directors listed in the Company’s management information circular dated March 19, 2021 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. Casswell

77,665,763

96.97%

2,422,724

3.03%

N. Murray Edwards

73,611,499

91.91%

6,476,988

8.09%

Robert … Continue Reading

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 days in the first quarter of 2021, a 40 percent decrease from 3,102 operating days in the first quarter of 2020. Canadian well servicing recorded

… Continue Reading

CALGARY, AB, April 19, 2021 /CNW/ – Ensign Energy Services Inc. (“Ensign” or “the Company”) 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 (12:00 PM EST) on Monday, May 10, 2021.

The conference participant call in numbers are as follows:

US/Canada Dial-in #: (888) 231-8191 or  

Local/Int’l Dial-In #: (647) 427-7450

Conference ID #: 3088057

A live webcast of the conference call can be accessed via Ensign’s website at www.ensignenergy.com/presentations. A digital recording … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CALGARY, AB, March 29, 2021 /CNW/ – Ensign Energy Services Inc. (“Ensign” or the “Corporation“) (TSX: ESI) 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 (the “Convertible Debentures“) 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 31, 2022 (the “Maturity … Continue Reading

CALGARY, AB, March 5, 2021 /CNW/ –

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 well servicing recorded 28,338 operating hours in 2020, a 39 percent decrease from 46,718 operating hours in 2019.

United States drilling

… Continue Reading

CALGARY, AB, Feb. 12, 2021 /CNW/ – Ensign Energy Services Inc. (“Ensign” or “the Company”) 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 (12:00 PM EST) on Friday, March 5, 2021.

The conference participant call in numbers are as follows:

US/Canada Dial-in #: (888) 231-8191 or  

Local/Int’l Dial-In #: (647) 427-7450

Conference ID #: 7766149

A live webcast of the conference call can be accessed via Ensign’s website at ensignenergy.com/presentations. A digital recording … Continue Reading

CALGARY, AB, Dec. 31, 2020 /CNW/ – Ensign Energy Services Inc. (“Ensign” or the “Company“) (TSX: ESI) 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 (the “Credit Facility“) with its syndicate of lenders. The amendments and one-year extension provide Ensign with continued access to revolver capacity and near-term flexibility in a volatile oil price environment.

The amendments to the Credit Facility include revisions to the financial covenants as follows:  

The elimination of the

… Continue Reading

CALGARY, AB, Nov. 5, 2020 /CNW/ –

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 percent decrease from 2,354 operating days in the third quarter of 2019. Canadian well servicing recorded

… Continue Reading

CALGARY, AB, Oct. 26, 2020 /CNW/ – Ensign Energy Services Inc. (“Ensign” or “the Company”) 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 (12:00PM EST) on Thursday, November 5, 2020.

The conference participant call in numbers are as follows:

US/Canada Dial-in #: (888) 231-8191 or  

Local/Int’l Dial-In #: (647) 427-7450

Conference ID #: 6789671

A live webcast of the conference call can be accessed via Ensign’s website at ensignenergy.com/presentations. A digital recording of the … Continue Reading

CALGARY, AB, Aug. 10, 2020 /CNW/ –

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 2020, a 71 percent decrease from 1,317 operating days in the second quarter of 2019. Canadian well servicing recorded

… Continue Reading