2021 HIGHLIGHTS Revenue for 2021 was $995.6 million, a six percent increase from 2020 revenue of $936.8 million. Revenue amounts and percentage of total by geographic area: Canada - $249.7 million, 25 percent; United States - $538.9 million, 54 percent; and International - $207.0 million, 21 percent. Canadian drilling recorded 8,979 operating days in 2021, a 60 percent increase from 5,599 operating days in 2020. Canadian [...]
Ensign Energy Services Inc. is scheduled to release its fourth quarter and year-ended 2021 results before the markets open on Friday, March 4, 2022. A conference call and webcast has been scheduled for 10:00 AM MST on Friday, March 4, 2022. The conference participant call in numbers are as follows: US/Canada Dial-in #: 664-6392 or Local/Int'l Dial-In #: 764-8659 Conference ID #: 67207260 A live webcast of the conference [...]
Ensign Energy Services Inc. , announces it has amended and extended the existing $900.0 million revolving credit facility agreement with its syndicate of lenders. The amendments and extension provide Ensign with continued access to revolver capacity in this volatile commodity price environment. The maturity date of the Credit Facility has been extended from November 25, 2022 to the earlier of: six months prior to the [...]
THIRD QUARTER HIGHLIGHTS Revenue for the third quarter of 2021 was $268.6 million, a 71 percent increase from the third quarter of 2020 revenue of $156.9 million. Revenue by geographic area: Canada - $74.5 million, 28 percent of total; United States - $140.3 million, 52 percent of total; and International - $53.8 million, 20 percent of total. Canadian drilling recorded 2,846 operating days in the third quarter of 2021, an [...]
Ensign Energy Services Inc. is scheduled to release its third quarter 2021 results before the markets open on Friday, November 5, 2021. A conference call and webcast has been scheduled for 10:00 AM MST on Friday, November 5, 2021. The conference participant call in numbers are as follows: US/Canada Dial-in #: 664-6392 or Local/Int'l Dial-In #: 764-8659 Conference ID #: 18256948 A live webcast of the conference call can be [...]
SECOND QUARTER HIGHLIGHTS Revenue for the second quarter of 2021 was $212.3 million, a nine percent increase from the second quarter of 2020 revenue of $194.8 million. Revenue by geographic area: Canada - $31.4 million, 15 percent of total; United States - $130.8 million, 62 percent of total; and International - $50.1 million, 23 percent of total. Canadian drilling recorded 1,058 operating days in the second quarter of [...]
Ensign Energy Services Inc. and Nabors Industries Ltd. are pleased to announce the completion of the purchase by Ensign of the fleet of 35 land-based drilling rigs owned by Nabors' Canadian subsidiary, as well as related equipment, inventory, and real property , for a purchase price of CDN $117,500,000 . All closing conditions, including the receipt of a "no-action letter" from the Competition Bureau confirming that the [...]
CALGARY, AB, July 20, 2021 /CNW/ - Ensign Energy Services Inc. is scheduled to release its second quarter 2021 results before the markets open on Friday, August 6, 2021. A conference call and webcast has been scheduled for 10:00 AM MST on Friday, August 6, 2021. The conference participant call in numbers are as follows: US/Canada Dial-in #: 664-6392 or Local/Int'l Dial-In #: 764-8659 Conference ID #: 00069310 A live [...]
Ensign Energy Services Inc. and Nabors Industries Ltd. are pleased to announce that they, through their subsidiaries, have entered into an agreement for Ensign to acquire, subject to certain closing conditions and receipt of required regulatory approvals, Nabors' fleet of 35 land-based drilling rigs located in Canada, as well as related equipment and certain real property . Ensign will be funding the purchase price with [...]
Ensign Energy Services Inc. 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 [...]
Ensign Energy Services Inc. 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 [...]
Ensign Energy Services Inc. 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 [...]