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Ensign's Successful Offers for AOG Close


      ENSIGN TO PROCEED TO COMPULSORY ACQUISITION OF OUTSTANDING AOG SHARES AND  
    AOG OPTIONS 


  CALGARY, July 24 /CNW/ - Ensign Resource Service Group Inc. is pleased to 
announce its wholly-owned subsidiary, Ensign (Australia) Holdings Pty Limited 
("Ensign"), has increased its relevant interest in Australian Oil & Gas 
Corporation Limited ("AOG") fully paid ordinary shares ("AOG Shares") to 
96.4%. Ensign has also increased its holding of ASX quoted AOG options ("AOG 
Options") to 96.2%.  
Selby Porter, President of Ensign Resource Service Group Inc. stated "The 
successful acquisition of AOG is an important step in the development of the 
Ensign's Group's international oilfield services operations. We welcome the 
management and employees of AOG to the Ensign Group, and look forward to 
capitalising on the Ensign Group's global growth opportunities."  
Ensign's successful offers have now closed. Ensign is entitled to, and 
will now proceed to compulsory acquisition of the remaining outstanding AOG 
Shares and AOG Options.  
Ensign Resource Service Group Inc. is an international oilfield services 
contractor based in Calgary, Alberta. The Ensign Group's Common Shares 
(symbol: ESI) are publicly traded through the facilities of The Toronto Stock 
Exchange.  


    %SEDAR: 00001999E 
      -0-                           07/24/2002 


/For further information: Glenn Dagenais, Vice President Finance, Ensign  
Resource Service Group Inc., Telephone: (403) 262-1361; 
To request a free copy of this organization's annual report, please go to  
http://www.newswire.ca and click on reports(at)cnw./  
(ESI.)  
CO:  Ensign Resource Service Group Inc. 
ST:  Alberta 
IN:  OIL  
SU:    
  -30-  
-0- Jul/24/2002 23:13 GMT
 
 
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