ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

ENQ Enquest Energy Ser Corp

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Enquest Energy Ser Corp TSXV:ENQ TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

EnQuest Energy Services Corp. Releases First Quarter Financial Statements

01/09/2009 3:09am

Marketwired Canada


ENQUEST ENERGY SERVICES CORP. ("EnQuest" or the "Company") (TSX VENTURE:ENQ) -
EnQuest announces the filing of its unaudited interim consolidated financial
statements and management discussion and analysis ("MD&A") for the three and six
month periods ended June 30, 2009 today. All figures are stated in USD.
Additional information relating to the Company is available on SEDAR at
www.sedar.com.


EnQuest's CEO David Murray stated: "Further uncertainty in the oil and gas
markets in which the company fundamentally operates, resulting in a large drop
in current drilling activity from 2008 and prior levels, significantly impacted
the company's operating results for the current period. Management is confident
that its actions to meet its liquidity and operating targets for the remainder
of the year, including the following (i) the solicitation and sale of non-core
assets as previously announced, (ii) re-negotiation of banking agreements and
(iii) continuation of aggressive cost cutting initiatives, will return the
company to a solid financial footing better poised to meet future growth
opportunities.


EnQuest provides energy services throughout North America in the following
primary business segments: transportation services, rig moving, crane services,
specialized heavy hauling, oilfield equipment rentals, retailer of new and
refurbished Oil Country Tubular Goods, and pipe storage.


EnQuest provides services from Alaska to the Gulf of Mexico, with strategic
locations in Alberta, British Columbia, Montana, Colorado, New Mexico,
California, Texas, Arkansas, Wyoming and Pennsylvania.


Except for statements of historical fact relating to the Company, certain
information contained herein constitutes forward-looking statements.
Forward-looking statements are based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those projected in the forward-looking statements. The
Company undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking statements.


1 Year Enquest Energy Ser Corp Chart

1 Year Enquest Energy Ser Corp Chart

1 Month Enquest Energy Ser Corp Chart

1 Month Enquest Energy Ser Corp Chart

Your Recent History

Delayed Upgrade Clock