SAN JUAN CAPISTRANO, Calif., July 23, 2021 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services, announced today that it expects to issue its second quarter 2021 financial results on Wednesday, July 28, 2021.
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Analysts with Tudor, Pickering, Holt & Co. estimate the sale of its Canadian drilling assets to Ensign could result in cash proceeds to Nabors of between $55 million and $75 million.
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Buru Energy Limited (ASX:BRU) (OTCMKTS:BRNGF) (FRA:BUD) is advancing preparations for its Currajong 1 exploration well, the first well in its 2021 drilling campaign in the Canning Basin, with the Ensign 963 rig mobilised to site. Some necessary specialised equipment being sourced from overseas by Ensign has been delayed, and before the joint venture is able to accept the rig this equipment needs to be installed and tested meaning the well is unlikely to spud before the 24th of June. The Currajong 1 structure is expected to be at a similar depth to the Ungani Oilfield at some 2,400 metres and to have similar seismic characteristics at the reservoir level. The oil quality is also expected to be similar to Ungani at some 37 deg API and generally sold at a premium to Brent. Fully funded for 2021 The company recently completed a $1 million SPP - adding to the funds raised from a successful $15 million share placement to institutional, professional and sophisticated investors. Buru Executive Chairman Eric Streitberg said: We are very pleased to have recently finished our successful capital raising and are now fully funded for the 2021 program and future activity. The rig up of the Ensign 963 drilling rig is going very well and the Ensign crew are very professional and experienced. Although commencement of the drilling program has been slightly delayed, we are being very diligent about making sure that the rig is fully fit for purpose and thoroughly inspected before we accept it and commence drilling. Exploration activities On the completion of the Currajong 1 well, the rig will move to the Rafael 1 location where the well site pad is currently being completed.
CALGARY, AB, June 7, 2021 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") (TSX: ESI) is pleased to announce the release of its inaugural Sustainability Report.
MOUNT VERNON, SHORELINE, LAKEWOOD and VANCOUVER, Wash. The Ensign Group, Inc. (NASDAQ: ENSG) will take over operations of four skilled nursing facilites in Washington. The owner, CareTrust REIT Inc. (NASDAQ: CTRE), is transferring the operations from Five Oaks Healthcare. The post The Ensign Group to Operate Four CareTrust-Owned Skilled Nursing Facilities in Washington appeared first on Seniors Housing Business .
SAN CLEMENTE, Calif., June 02, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq: CTRE) confirmed today that it has approved a request from longtime tenant Five Oaks Healthcare, L.L.C. to transfer the operations in four of its CareTrust-owned skilled nursing facilities to affiliates of The Ensign Group, Inc. (Nasdaq: ENSG), effective June 1, 2021.
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SAN JUAN CAPISTRANO, Calif., June 02, 2021 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign TM group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services, announced today that, effective June 1, 2021, it acquired the operations of the following skilled nursing facilities in Washington:
Buru Energy Limiteds (ASX:BRU) (OTCMKTS:BRNGF) (FRA:BUD) Canning Basin exploration program is underway with the Ensign 963 drilling rig currently being mobilised to the Currajong 1 well site in Western Australia. The Currajong 1 structure is expected to be at a similar depth to the Ungani Oilfield at some 2,400 metres and to have similar seismic characteristics at the reservoir level. The oil quality is also expected to be similar to Ungani at some 37 deg API and generally sold at a premium to Brent. Site preparations at Currajong were recently completed, and the well is expected to spud in mid-June and take some 21 days to drill. Drilling at Rafael 1 will follow once the drilling at Currajong 1 is complete. Seismic program targeted for late June The company expects to begin a seismic program comprising 1,100 kilometres in late June as crew becomes available from current Perth Basin contract. Buru executive chairman Eric Streitberg said: The exploration program is proceeding as planned with the mobilisation of the Ensign drilling rig and we are very much looking forward to the drilling of the two exploration prospects. We are also very keen to see the results of the seismic program that is being acquired over some particularly interesting areas of our permits. Under the terms of Farm In agreements executed in December last year with Origin Energy Ltd (ASX:ORG) (OTCMKTS:OGFGY), Buru is being carried for $16 million of the costs of the two exploration wells and for $6 million of the costs of the planned seismic program.
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