DEXWireNews

$ENSV gets reprieve from NYSE

AMEX:ENSV   Enservco Corporation
DENVER, April 21, 2020 (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 that the NYSE American has extended the period during which the Company can cure its low stock price beyond the previous May 6, 2020, deadline so that the Company can seek shareholder approval for a reverse stock split at its June 26, 2020, annual meeting. In November 2019 the NYSE American notified Enservco that the Company’s common stock had been selling for a low price per share for a substantial period of time and that continued NYSE American listing was predicated on the Company effecting a reverse stock split of its Common Stock or otherwise demonstrating sustained price improvement no later than May 6, 2020.

About Enservco
Through its various operating subsidiaries, Enservco provides a wide range of oilfield services, including hot oiling, acidizing, frac water heating, and related services. The Company has a broad geographic footprint covering seven major domestic oil and gas basins and serves customers in Colorado, Montana, New Mexico, North Dakota, Oklahoma, Pennsylvania, Ohio, Texas, Wyoming and West Virginia.

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