CALGARY, Alberta, Dec. 19, 2019 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (âEssentialâ or the âCompanyâ) announces its patent litigation win and its 2020 capital budget.
PATENT LITIGATION WIN
Supreme Court Ruling
On December 19, 2019, the Supreme Court of Canada (the âSupreme Courtâ) ruled that it will not grant leave to hear an appeal by Packers Plus Energy Services Inc. (âPackers Plusâ) of the Federal Courtâs judgment in a patent infringement action against Essential. As a result, Packers Plus has no further avenues of recourse against Essential in respect of its patent. âThis is fantastic news for … Continue Reading