13:09:00 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Ensign Energy Services Inc
Symbol ESI
Shares Issued 163,118,758
Close 2021-06-07 C$ 1.59
Market Cap C$ 259,358,825
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Ensign releases sustainability report

2021-06-07 17:34 ET - News Release

Mr. Bob Geddes reports

ENSIGN ENERGY SERVICES INC. ANNOUNCES THE RELEASE OF INAUGURAL SUSTAINABILITY REPORT

Ensign Energy Services Inc. has released its inaugural sustainability report.

"Ensign is an organization built on continuous improvement -- a learning organization. We believe we can always do better, be better and know more. This extends to our sustainability practices. Our report highlights the sustainability practices currently established at Ensign and initiatives under way to enhance our ESG performance. Releasing our inaugural sustainability report is a great milestone for Ensign. It not only reinforces our current commitment to ESG practices but showcases our historical performance," said Bob Geddes, president and chief operating officer.

Ensign's sustainability report outlines the company's sustainability strategy by focusing on four key areas that the company considers meaningful and material to its business:

  • Governance: Ensign is committed to solid governance practices and capital stewardship for long-term value creation for its business, its customers, its shareholders and its communities.
  • Environment: Ensign is committed to being a part of the evolving energy transition through technology innovation and exploration of low carbon and carbon offsetting alternatives.
  • Health and safety: Ensign is committed to exceeding industry best practices that ensure its work force safety and its operational performance.
  • People: Ensign is committed to investing in its diverse work force through training, development and talent retention practices. Ensign is committed to investing in its communities through employment, financial investment and volunteer initiatives.

"At Ensign, our sustainability practices are built on the foundation that solid governance, capital stewardship, consideration for our environment and supporting our people will lead to long-term value creation for our business, for our customers, for our shareholders and in our communities. Today, we have a great opportunity to share how sustainability is core to our business and how we as a company will continue to build on our performance," said Nicole Romanow, investor relations.

Ensign's annual sustainability report covers performance metrics for the 2018 to 2020 calendar years, and is available on the company's website and at SEDAR.

Ensign is a global leader in oil field services, headquartered out of Calgary, Alta., operating in Canada, the United States and internationally. It is one of the world's top land-based drilling and well-servicing contractors, serving crude oil, natural gas and geothermal operators. Its premium services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment, and well servicing.

Ensign's common shares are publicly traded through the facilities of the Toronto Stock Exchange under the trading symbol ESI.

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