Business
Ensign Energy Services Inc. - Canada's Longest Well
Ensign Energy Services Inc. - Canada's Longest Well Canada NewsWire CALGARY, Feb...
About this update from Ensign Energy Services Inc.
[{"type":"text","content":"\n\n\n\nEnsign Energy Services Inc. - Canada's Longest Well\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Feb. 15, 2018\n\n\n\nCALGARY, Feb. 15, 2018 /CNW/ - Ensign Energy Services Inc. (\"Ensign\" or \"the Company\") is pleased to announce that on January 9, 2018, Ensign successfully drilled Canada's longest land-based well, to-date, with a measured depth of 7,770m. The well was drilled, in partnership with Shell Canada, in Fox Creek, Alberta, by an Ensign ADR 1500S super spec rig. Despite the well's record depth, the time from spud to rig-release was less than fourteen days. \n\nThis well marks the first well drilled by this rig after the deployment of Ensign's Edge Controls, a drilling performance technology system that optimizes rate of penetration, reduces downhole vibration and improves the smoothness of the curve. Ensign has seen similar performance gains from the Edge Controls system in other regions.\n\nThe results achieved reflect the incremental value that Ensign's best-in-class technology, equipment and processes can bring to a customer's well program. The Ensign Edge Controls technology system is proving to be an excellent addition to the Company's service portfolio, providing a strong competitive advantage in today's marketplace by maximizing performance and decreasing down-time. \n\nCautionary Statements on Forward-looking Information\n\nCertain statements in this news release constitute forward-looking statements or information (collectively referred to herein as \"forward-looking statements\") within the meaning of applicable securities legislation. Forward-looking statements generally can be identified by the words \"believe\", \"anticipate\", \"expect\", \"plan\", \"estimate\", \"target\", \"continue\", \"could\", \"intend\", \"may\", \"potential\", \"predict\", \"should\", \"will\", \"objective\", \"project\", \"forecast\", \"goal\", \"guidance\", \"outlook\", \"effort\", \"seeks\", \"schedule\" or expressions of a similar nature suggesting future outcome or statements regarding an outlook.\n\nIn particular, forward looki...