CALGARY, Alberta, Sept. 15, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces that it has entered into a definitive amalgamation agreement (the “Amalgamation Agreement”) with Element Technical Services Inc. (“Element”) under which Element, through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Essential (each, an “Essential Share”) for a purchase price of $0.40 per Essential Share, payable in cash (the “Consideration”). Element is a privately held entity that has fracturing and coiled tubing operations in western Canada and the United States.

Garnet Amundson, President and CEO of … Continue Reading

CALGARY, Alberta, Aug. 03, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces second quarter financial results.

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CALGARY, Alberta, June 29, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) is pleased to announce the release of its inaugural Environmental, Social and Governance (“ESG”) Report. While Essential has been reporting its ESG highlights through the Company’s Annual Information Form since 2019, this formalized report is a significant milestone for Essential as it demonstrates to shareholders and other stakeholders its commitment to meeting evolving ESG reporting expectations.

The ESG Report showcases the work of Essential’s employees who provide services in an ESG responsible manner to meet the expectations of customers and communities in … Continue Reading

CALGARY, Alberta, June 19, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces the following executive changes effective immediately:

Ms. Ingram joined Essential in 2020 as Controller. She has over 15 years of financial and business experience, including four years in public practice and seven years with a publicly traded oilfield service company. Ms. Ingram has strong financial and business acumen and fostered excellent operational relationships since joining Essential. … Continue Reading

CALGARY, Alberta, May 09, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential”) announces that at its annual general meeting of shareholders on May 9, 2023, each of the six nominees proposed as members (“Directors”) of the board of directors and listed in the information circular dated March 3, 2023 were elected as Directors.

Detailed results of the vote are set out below.

CALGARY, Alberta, May 04, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces first quarter financial results.

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CALGARY, Alberta, March 03, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces fourth quarter and year end financial results and its 2023 capital budget.

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CALGARY, Alberta, Dec. 21, 2022 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) is pleased to report completion of its 2021 – 2022 normal course issuer bid (“NCIB”) that was announced on December 17, 2021. Pursuant to the NCIB, Essential purchased and cancelled 8,490,216 common shares (“Shares”), which is 82 percent of the maximum allowed under the 2021 – 2022 NCIB (10,374,478 Shares). Total consideration was $3.4 million at a weighted average cost per Share of $0.40. The Shares were purchased through the facilities of the Toronto Stock Exchange (the “TSX”) and alternative Canadian trading … Continue Reading

CALGARY, Alberta, Nov. 15, 2022 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) is pleased to announce the appointment of Ms. Sophia Langlois to the Company’s Board of Directors effective immediately.  

Ms. Langlois was a partner at KPMG LLP from 2006 to 2020. She currently sits on the board of directors of Loop Energy Inc. and Alaris Equity Partners Income Trust and has served on a number of not-for-profit boards. Ms. Langlois holds the Chartered Professional Accountant (CPA, CA) designation and the ICD.D designation from the Institute of Corporate Directors.

“We are very pleased to … Continue Reading

CALGARY, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces third quarter financial results.

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CALGARY, Alberta, Aug. 03, 2022 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces second quarter financial results and its updated 2022 capital spending forecast.

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CALGARY, Alberta, May 17, 2022 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential”) announces that at its annual general meeting of shareholders on May 17, 2022, each of the six nominees proposed as directors and listed in the information circular dated March 9, 2022 (the “Circular”) were elected as directors. Detailed results of the vote are set out below.