Ensign and Trinidad agree to replace Trinidad board; Ensign controls approximately 66.73% of Trinidad
Surpassing the 66 2/3% mark ensures that Ensign will be able to complete a subsequent acquisition transaction to acquire the remaining Trinidad Shares Ensign and Trinidad agreed to replace Trinidad board of directors Precision Drilling arrangement agreement with Trinidad terminated Shareholders who have not tendered can tender today by contacting Kingsdale Advisors at 1-866-581-1514 or […]
Ensign Announces Successful Acquisition of 56.38 % of Trinidad Shares
TOGETHER WITH SHARES ALREADY OWNED ENSIGN CONTROLS 66.18% OF TRINIDAD ENSIGN MAKES MANDATORY EXTENSION OF OFFER CALGARY, Nov. 27, 2018 /CNW/ – Ensign Energy Services Inc. (TSX:ESI) ("Ensign") announced today that the conditions to its offer for Trinidad Shares at $1.68 per share (the "Offer") have been satisfied or waived and it has taken up […]
Ensign Comments on Trinidad Drilling Waiving its Shareholder Rights Plan; Reminds Shareholders to Tender their Shares Well in Advance of Nov. 27 Deadline
Ensign’s all-cash offer for $1.68 per Trinidad common share is the superior offer; represents an 11% premium over Precision Drilling’s all-share proposed arrangement, based on the closing price of the common shares of Precision Drilling on the TSX as of November 22, 2018 Shareholders encouraged to tender their shares ahead of the deadline on Tuesday, […]
Ensign Accelerates Expiry of Previously Announced All-Cash Offer to Acquire Trinidad to November 27, 2018
Shareholders of Trinidad to receive $1.68 in cash per Trinidad common share Offer represents a 16% premium over Precision Drilling’s all-share proposed Arrangement, based on the closing price of the common shares of Precision Drilling on the TSX as of November 15, 2018 and approximately a 20% premium to the volume weighted average price of […]
Ensign Energy Services Inc. Announces Early Termination of Hart-Scott-Rodino Waiting Period
CALGARY, Nov. 9, 2018 /CNW/ – Ensign Energy Services Inc. (TSX:ESI) ("Ensign") announced today that the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), with respect to the previously announced offer (the "Offer") made by Ensign to the shareholders of […]
Ensign Energy Services Inc. Reports 2018 Third Quarter Results
CALGARY, Nov. 5, 2018 /CNW/ – OVERVIEW Revenue for the third quarter of 2018 was $288.7 million, an increase of 17 percent from revenue for the third quarter of 2017 of $247.1 million. Revenue for the nine months ended September 30, 2018 was $810.2 million, an increase of 11 percent from revenue for the nine […]
Ensign Energy Services Inc. – Third Quarter 2018 Earnings Conference Call and Webcast
CALGARY, Oct. 26, 2018 /CNW/ – Ensign Energy Services Inc. ("Ensign" or "the Company") is scheduled to release its third quarter 2018 results before the markets open on Monday, November 5, 2018. A conference call and webcast has been scheduled for 2:00PM MDT (4:00PM EDT) on Monday, November 5, 2018. The conference participant call in numbers […]
Ensign Commences Formal Offer to Acquire Trinidad
Shareholders of Trinidad to receive $1.68 in cash per Trinidad common share Offer represents approximately a 20% premium to the volume weighted average price of the common shares of Trinidad on the TSX for the trading days between August 1, 2018 through August 10, 2018, after Trinidad announced on August 1, 2018 the end of […]
Ensign Energy Services Inc. Announces Offer to Acquire Trinidad Drilling Ltd.
Shareholders of Trinidad to receive $1.68 in cash per Trinidad common share Offer represents approximately a 20% premium to the volume weighted average price of the common shares of Trinidad (on the TSX) for the trading days between August 1 through August 10, after Trinidad announced on August 1, 2018 the end of its strategic […]
Ensign Energy Services Inc. Reports 2018 Second Quarter Results
CALGARY, Aug. 7, 2018 /CNW/ – OVERVIEW Revenue for the second quarter of 2018 was $263.1 million, an increase of 13 percent from revenue for the second quarter of 2017 of $232.2 million. Revenue for the six months ended June 30, 2018 was $521.5 million, an increase of eight percent from revenue for the six […]