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Ensign Energy Services Adjusts Capex Downward

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Ensign Energy Services Adjusts Capex Downward

Ensign Energy Services Inc. Reports 2016 First Quarter Results

Highlights Canadian drilling recorded 1,569 operating days in the first quarter of 2016, a 43 percent decrease from 2,759 operating days (including coring days in Q1 2015) in the first quarter of 2015. Canadian well servicing recorded 13,675 operating hours in the first quarter of 2016, a 27 percent decrease from 18,746 operating hours in the first quarter of 2015. United States drilling recorded 1,890 operating days in the first quarter of 2016, a 49 percent decrease from 3,723 operating days in the first quarter of 2015. United States well servicing recorded 14,355 operating hours in the first quarter of 2016, a 27 percent decrease from 19,754 operating hours in the first quarter of 2015. International drilling recorded…
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