Q4 2018 Ensign Energy Services Inc Earnings Call Transcript

Feb 13, 2024

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Mar 08, 2019 / 09:00PM GMT
Operator

Good afternoon. My name is Chris, and I will be your conference operator today. At this time, I would like to welcome everyone to Ensign Energy fourth quarter results. (Operator Instructions)

Bob Geddes, President and Chief Operating Officer of Ensign Energy, you may begin.

Robert H. Geddes - Ensign Energy Services Inc. - President, COO & Non-Independent Director

Thank you, operator. Good afternoon, everyone. Well, certainly, a lot going on in the back half of 2018. As I'm sure all of you on the call are well aware, Ensign successfully acquired Trinidad Drilling. It's a 141-rig worldwide high-spec fleet. This is Ensign's largest and most transformational acquisition to date. The strategic acquisition catapults Ensign into the top 3 land drillers worldwide, with one of the newest fleets. It also doubles our high-spec fleet worldwide. It triples our presence in the Permian, makes Ensign the second largest in the U.S. and the largest in Canada, and it doubles our Middle East operation. The transaction brings together 2 performance-driven cultures,

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