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-Essential Energy Services Announces Its 2019 Capital Budget and Provides a Patent Litigation Update

Jan 09, 2019 - ENP Newswire

CALGARY - Essential Energy Services Ltd. (TSX: ESN) ('Essential' or the 'Company') announces its 2019 capital budget of $ 6 million and provides an update with regard to the patent litigation.

2019 Capital Budget

Given the uncertain outlook for oil and natural gas activity in the Western Canadian Sedimentary Basin for 2019, Essential has set its capital budget at $ 6 million, primarily for maintenance capital. The budget includes the cost to finish upgrading an existing coil tubing r...