Latest Headlines

Essential Energy Services Announces 2017 Capital Budget
January 31, 2017

CALGARY, ALBERTA--(Marketwired - Jan. 31, 2017) - Essential Energy Services Ltd. (TSX:ESN) ("Essential" or the "Company") announces its 2017 capital budget of $11 million, comprised of $4 million growth capital and $7 million maintenance capital. The growth capital consists primarily of pumping support equipment, the cost to recertify and prep...

Essential Energy Services Closes Acquisition of Coil Tubing and Pumping Assets and Disposition of Service Rig Division
December 19, 2016

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2016) - Essential Energy Services Ltd. ("Essential") (TSX:ESN) announces it has closed the previously announced transaction with Precision Drilling Corporation ("Precision") to sell its service rig business in return for Precision's coil tubing and pumping assets and cash proceeds of $12 million. ...

Essential Energy Services Announces Acquisition of Coil Tubing and Pumping Assets and Disposition of Service Rig Division
December 13, 2016

CALGARY, ALBERTA--(Marketwired - Dec. 12, 2016) - Essential Energy Services Ltd. ("Essential") (TSX:ESN) announces it has entered into a definitive agreement with Precision Drilling Corporation ("Precision") to sell and purchase certain assets (the "Transaction"). Under the Transaction, Essential will sell its service rig business (the "Servic...

Essential Energy Services Announces Management Change
November 23, 2016

CALGARY, ALBERTA--(Marketwired - Nov. 23, 2016) - Essential Energy Services Ltd. (TSX:ESN) ("Essential") announces Mr. Donald Webster, Chief Operating Officer, has resigned effective immediately. Essential would like to thank Mr. Webster for his many years of dedicated service and we wish him well in his future endeavors. More News »