DENVER, Aug. 23, 2018 (GLOBE NEWSWIRE) -- ENSERVCO Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced it was named Oilfield Services Company of the Year at the 2018 Rocky Mountain Oil and Gas Awards event in Denver, CO.
It was the third time ENSERVCO has won top honors, including twice in the Rocky Mountain Region (2018 and 2014) and once in Texas (2016). Oil & Gas Awards winners are selected by a panel of more than 90 judges, including senior executives from major production and midstream companies, industry officials and members of the trade media.
“We are again honored to have been selected as Oilfield Services Company of the Year. While this is a company-wide honor, we believe it reflects above all the deep commitment of our field personnel who work so hard to provide superior services to our E&P customers while maintaining a strong safety record,” said Ian Dickinson, CEO. “Our goal is to earn consideration for this award on an annual basis. With that in mind, we are off to another strong start in 2018, with double-digit year-over-year growth in all core service segments in the first half, which drove a 43% increase in total revenue and a 94% increase in adjusted EBITDA. We look forward to a strong finish to 2018 and continued momentum in 2019.”
About The Oil & Gas Awards
The Oil and Gas Awards are a platform for the industry to demonstrate and celebrate the advances made in key areas of service excellence, environmental stewardship, efficiency, innovation, corporate social responsibility and health and safety. More information is available at: http://www.oilandgasawards.com
Through its various operating subsidiaries, ENSERVCO provides a wide range of oilfield services, including hot oiling, acidizing, frac water heating, water transfer and water hauling. The Company has a broad geographic footprint covering seven major domestic oil and gas basins and serves customers in Colorado, Kansas, Montana, New Mexico, North Dakota, Oklahoma, Pennsylvania, Ohio, Texas, Wyoming and West Virginia. Additional information is available at www.enservco.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains information that is "forward-looking" in that it describes events and conditions ENSERVCO reasonably expects to occur in the future. Expectations for the future performance of ENSERVCO are dependent upon a number of factors, and there can be no assurance that ENSERVCO will achieve the results as contemplated herein. Certain statements contained in this release using the terms "may," "expects to," and other terms denoting future possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, which are beyond ENSERVCO's ability to predict, or control and which may cause actual results to differ materially from the projections or estimates contained herein. Among these risks are those set forth in ENSERVCO’s annual report on Form 10-K for the year ended December 31, 2017, and subsequently filed documents with the SEC. Forward looking statements in this news release that are subject to risk include expectations to be considered for future awards, and expectations for a strong finish to 2018 and continued momentum in 2019. It is important that each person reviewing this release understand the significant risks attendant to the operations of ENSERVCO. ENSERVCO disclaims any obligation to update any forward-looking statement made herein.
Pfeiffer High Investor Relations, Inc.