Ensign Company News

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Ensign Completes Hostile Takeover of Trinidad Drilling
Tuesday, November 27, 2018 Ensign Energy beats out Precision Drilling in a bidding war for Trinidad Drilling.

Ensign Rig Heads to PetroFrontier's MacIntyre Well
Thursday, May 31, 2012 PetroFrontier Corp. announced that Ensign's Rig 918 is currently mobilizing to the MacIntyre-2 well site location in the northeastern corner of EP 127 in the Southern Georgina Basin, Northern Territory.

Rowan Parts with Land Drilling Division
Wednesday, July 20, 2011 Rowan has entered into a purchase and sale agreement with Ensign to sell Rowan's land drilling division for $510 million in cash.

Ensign Posts Lower Earnings for 2009
Monday, March 15, 2010 Ensign Energy recorded net income of $125.4 million ($0.82 per common share) for the year ended December 31, 2009, a 52 percent decrease from $260.0 million ($1.70 per common share) recorded in 2008.

Argenta Taps Contractor to Drill in Argentine Loma El Divisadero Block
Tuesday, April 21, 2009 Argenta has finalized the drilling contracts with Ensign Argentina SA to provide the rig operations to drill and complete the appraisal program in the Loma El Divisadero Block.

Beach Ready to Kick Off Cooper Basin Drilling Program in October
Wednesday, September 10, 2008 Beach Petroleum has contracted the Ensign 30 rig for a minimum five well Cooper Basin drilling program that is scheduled to commence on October 8, 2008.

Innamincka, JV Clap for First Oil Flowing at Flax
Monday, August 04, 2008 Innamincka Petroleum, on behalf of the PEL 103 Joint Venture, has announced that oil production commenced from the Flax field on Friday, August 1. The first well, Flax 1, flowed oil at the forecast initial rate of approximately 350 bopd.

Ensign Completes Purchase of 12 Land Rigs
Friday, July 18, 2008 Ensign completed its acquisition of all of the drilling rigs and related equipment of Terracore Specialty Drilling. The rigs are designed for coring operations primarily in the oil sands industry and were newly built within the last four years.

Innamincka Starts Fraccing Flax 5 in Australia
Friday, July 18, 2008 Innamincka reported that production startup frm Flax 1 remains on schedule for late July, and well completion and fracture stimulation activities have commences with the Ensign Rig 5.

Ensign Nabs Terracore's Drilling Rigs, Equipment
Tuesday, July 08, 2008 Ensign Energy's wholly owned partnership, Ensign Drilling, has entered into an agreement for the acquisition of all of the drilling rigs and related equipment of Terracore Specialty Drilling Ltd.

Austral Pacific Reports Promising Cheal News
Thursday, November 30, 2006 Austral Pacific Energy Ltd. announced that the Cheal B3 well reached a total depth of 1,927 meters (6,322 feet) on 27 November.

Verenex Contracts Two Rigs for Its Libyan Operations
Wednesday, April 12, 2006 Verenex Energy said that it has executed contracts for two drilling rigs for its operations in Area 47 in Libya.

Ensign Delivers Record 2005 Results, Announces Split
Monday, March 20, 2006 Ensign Energy Services reports that it delivered record financial results to its shareholders in 2005.

Petro Andina Contracts Second Rig for Argentina Operations
Tuesday, January 17, 2006 Petro Andina Resources Inc. has contracted a 550 hp drilling rig from Ensign Drilling for the continuous development drilling program at its Jaguel Casa de Piedra (JCP) field on the CNQ-7/A Block located in Argentina's Neuquen Basin.

Ensign Expands U.S. Oilfield Services Division
Thursday, December 01, 2005 Ensign United States Drilling has acquired Action Oil Field Services from Petro-Canada Resources (USA).

Ensign Obtains More Work for Record-Breaking Rig
Wednesday, November 23, 2005 Ensign International, the new name of long-established drill rig operator OD&E, is negotiating more work for the largest onshore rig in New Zealand, Rig 41, when it finishes drilling the three Pohokura field production wells next year.

Ensign to Build Eight Additional Rigs for Its U.S. Market
Tuesday, November 22, 2005 Ensign Energy has commenced the construction of eight additional drilling rigs for the United States market. All of the drilling rigs under construction are supported by long-term commitments with various customers.