06:49 AM EDT, 09/30/2025 (MT Newswires) -- Ensign Energy Services ( ESVIF ) overnight Monday announced the renewal and expansion of its credit facility.

The new "committed" three-year term credit facility totals $950 million and matures on Sept. 29, 2028.

It will be used to repay the remainder of the company's existing term facility.

Ensign Energy said that the credit facility does not have mandatory repayments or reductions in availability as long as the company remains in compliance with its covenants.

"The enhanced facility provides increased liquidity going forward and flexibility to support Ensign's global operations and capitalize on emerging opportunities across its core markets," said the company.