CALGARY, Alberta, Nov. 03, 2017 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX:ESN) (“Essential”) was advised that the Federal Court of Canada (the “Court”) rendered its decision with regard to a patent infringement proceeding commenced in 2013 by Packers Plus Energy Services Inc. (“Packers Plus”) alleging that certain methods associated with the Tryton Multi-Stage Fracturing System infringe a patent issued to Packers Plus (the “Patent”).
The Court ruled on November 3, 2017 that the Patent was not valid and that Essential did not infringe on the Patent.
Mr. Garnet Amundson, President and Chief Executive Officer of Essential commented, “This is outstanding news. We are extremely pleased with the Court’s ruling that the Patent is not valid and that Essential did not infringe on the Patent. The decision upholds our assertion that the action was without merit.”
Essential provides oilfield services to oil and natural gas producers, primarily in western Canada. Essential offers completion, production and abandonment services to a diverse customer base. Services are offered with coil tubing, fluid and nitrogen pumping and the sale and rental of downhole tools and equipment. Essential offers the largest coil tubing fleet in Canada. Further information can be found at www.essentialenergy.ca.