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0.00215517241379321 0.00215517241379321 0.00215517241379321 0.00246305418719219 0.00692733990147792 0.0155480295566504 0.0143165024630543 0.0073891625615764
Stock impact report

ENSERVCO Enters into Agreement with Bank

Enservco Corporation (ENSV) 
NASDAQ:AMEX Investor Relations: enservco.com
Company Research Source: Marketwire
DENVER, CO -- (Marketwired) -- 11/21/17 -- 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 that its lender, East West Bank, has granted the Company a waiver on its fixed charge coverage ratio with respect to its loan agreement with East West Bank. Ian Dickinson, President and CEO of ENSERVCO, said the waiver gives the Company until December 31, 2017, to come into compliance with the covenant, which is based on a trailing 12-month calculation. "We appreciate the confidence our lender is showing in our ability to comply with terms of the covenant once the impact of our fourth quarter is figured into the calculation," said Dickinson. "Based on current activity levels and our pipeline, we believe that we'll be back in compliance by year-end." About ENSERVCO Through its various operating subsidiaries, ENS Show less Read more
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