Ensign Energy Services Inc. acquired remaining 40% stake in Trinidad Drilling Ltd. from Halliburton Company for $33.4 million.
Ensign Energy Services Inc. (TSX:ESI) acquired remaining 40% stake in Trinidad Drilling Ltd. from Halliburton Company (NYSE:HAL) for $33.4 million on July 16, 2020. With this acquisition, Ensign Energy Services now owns 100% of the Trinidad Drilling. The transaction was financed with cash on hand.
Ensign Energy Services Inc. (TSX:ESI) completed the acquisition of remaining 40% stake in Trinidad Drilling Ltd. from Halliburton Company (NYSE:HAL) on July 16, 2020.