FE Services Holdings has been acquired by Ensign Energy Services
FE Services Holdings, Inc.
FE Services Holdings, Inc. (“Foxxe Energy Services” or “Foxxe”) owns and operates six (6) fit for purpose, high-efficiency land drilling rigs in Mexico. All of Foxxe's drilling rigs were newly constructed within the last two years and are capable of drilling to depths of approximately 10,000 feet. The drilling rigs are currently contracted and operating in the Chicontepec and EPC fields in Mexico. Foxxe, is a private company with headquarters located in Houston, Texas.
Ensign Energy Services Inc.
Ensign Energy Services Inc. (“Ensign”) is an international oilfield services contractor based in Calgary, Alberta with an enterprise value of approximately $2.2 billion (TSX:ESI). Ensign’s operations include land based contract drilling, under balanced drilling services, well servicing, wireline and production testing, and provides manufacturing of oilfield products. Ensign is Canada's second largest land drilling contractor and third largest well service contractor; its international oilfield service operations are comprised of 55 drilling and workover rigs operating in several international markets.
PPHB, LP (“PPHB”)
PPHB is an independent investment banking firm providing financial advisory services exclusively to clients in the oilfield equipment and service industry.