Ensign Energy Services And Trinidad Drilling have entered into an amalgamation agreement

Ensign Energy Services Inc. (TSX:ESI) (“Ensign”) and Trinidad Drilling Ltd. (TSX:TDG) (“Trinidad”) announce today that Trinidad has entered into an amalgamation agreement (the “Amalgamation Agreement”) with Ensign Holdings Inc. (“Holdings”), a wholly-owned subsidiary of Ensign, under which Trinidad will amalgamate with Holdings, with the amalgamated entity (“Amalco”) becoming an wholly-owned subsidiary of Ensign (the “Amalgamation”). Read more

Another Oilfield Slowdown?

If you work in the oil industry long enough you’ll also experience your share of ups and downs., We’ve all been here before. New Data…