Ensign Energy Services Acquires Citadel Drilling in a $65 Million Deal

Ensign Energy Services (ESI:CA) has agreed to acquire Citadel Drilling from its shareholders for $65 million, aiming to expand its fleet operations in the Permian Basin. The transaction is subject to customary closing conditions.

By Arundhati Sarkar, SA News Editor · Seeking Alpha ·

Ensign Energy Services Acquires Citadel Drilling in a $65 Million Deal

Topics: acquisition energy services

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