Our Global Reach Technically advanced, emission-friendly, global onshore drilling contractor 8 COUNTRIES 4,000+ 3.1 Bn 232 94 PEOPLE ASSETS 1 DRILLING RIGS SERVICE RIGS 57% Canada United States Revenue Oman Distribution1…
Ensign Built to emphasize capital efficiencies and prioritize free cash flow Committed to maintenance capital and selective DISCIPLINED upgrade program to ensure asset strength and financial CAPITAL STRATEGY flexibility Relatively…
Strategically Positioned in US Basins With the rights rigs for the right basins UNITED STATES MARKET 85 marketed rigs, built for purpose and basin specific 85 Over 70% of the US fleet is high-spec rigs, with majority NIOBRARA…
Focused on Execution in Canada Well positioned in the active regions CANADIAN MARKET Diverse fleet spec to suit diverse basins across the western Canadian provinces 115 Approximately 50% of the marketed fleet is under term…
Strong International Exposure High-Spec assets on longer term contracts Over 50% of marketed international fleet is under term WA / NT MIDDLE EAST contract1 QUEENSLAND CSG 8 Rigs AUSTRALIA 1000 3600 HP VENEZUELA AUSTRALIA 8 Rigs…
Continuing Momentum Since the 2020 Downturn ACTIVITY REVENUE EBITDA 36,000 1,600 400 32,000 1,400 350 28,000 1,200 300 24,000 1,000 250 Millions (CAD) Millions (CAD) Drilling Days1 20,000 800 200 16,000 600 150…
Building Contract Book As leading-edge pricing stabilizes, we continue to build term across global contracts Across global operations = approximately 1.3 bn in forward contracted revenue with 53% of our marketed fleet contracted, of…
Disciplined Cost Structure Enabling Margin Expansion Low fixed cost, high variable cost business model Industry leading overhead cost efficiency Flexibility in Capital Expenditures Investing the in long economic life of our drilling…
Strategic Capital Allocation Reducing Total Debt Improving Funds Flow from Operations 400 Strategic, counter-cyclical acquisitions heading into a constructive market 350 2023 debt reduction target of 200 mm, 2023-2025 debt 300…
Technology and Innovation Enhancing profitability and commercial models through innovation Automation Technology Low cost, high value, and high margin drilling solutions Adaptable to any AC rig Easily customized to basin…
Incremental Revenue Streams Integrated business models OUR CORE BUSINESS is drilling onshore wells around the world, accounting for approximately 90% of our total revenue 94 SERVICE RIGS COMPLIMENTARY BUSINESSES Completion services…
Alternative Power Solutions Maintaining operational performance while reducing on-site fuel emissions Highline Hybrid (electric grid-tied) Hydrogen (Battery Energy Natural Gas Bi-Fuel Systems) 100% 100% 45-50% 35-45% 20-25%…
Commitment to Sustainability ENVIRONMENT SOCIAL GOVERNANCE 32% of our total marketed fleet is Achieved second-best TRIR in 20% of board members are equipped with emission reducing Ensigns history with an 11% women (an increase…
Enduring Value Proposition Creating upside for customers and investors TECHNOLOGY Enhancing profitability through innovation and advanced LEADERSHIP technologies BALANCED Positioned to deliver in any environment in key basins…
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