Ensign Energy Services Inc. - Fourth Quarter Dividend


CALGARY, Dec. 6, 2016 /CNW - Ensign Energy Services Inc. ("Ensign" or "the Company") announces the declaration by its Board of Directors of a regular quarterly dividend of $0.12 (twelve cents) per Common Share.

The Board of Directors of Ensign declared the dividend of $0.12 (twelve cents) per Common Share to be payable on January 6, 2017 to all Common Shareholders of record as of December 16, 2016. The dividend payment is pursuant to the quarterly dividend policy adopted by the Company. Pursuant to subsection 89(1) of the Canadian Income Tax Act ("ITA"), the dividend being paid is designated as an "eligible dividend", as defined in subsection 89(1) of the ITA.

Ensign Energy Services Inc. is a global leader in oilfield services headquartered out of Calgary, Alberta, operating in Canada, the United States and internationally. We are one of the world's top land-based drilling and well servicing contractors serving crude oil, natural gas and geothermal operators. Our premium services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment, well servicing and production services. Please visit our website at www.ensignenergy.com.

Ensign Common Shares are publicly traded through the facilities of the Toronto Stock Exchange under the trading symbol ESI.

SOURCE Ensign Energy Services Inc.

For further information: Ensign Energy Services Inc., 400 - 5th Avenue S.W., Suite 1000, Calgary, Alberta T2P 0L6 Canada, Mr. Mike Gray, Chief Financial Officer, Telephone: 403.262.1361