Aug 5 (Reuters) - Essential Energy Services Ltd ESN.TO :
* Announces second quarter results and dividend reduction
* Qtrly revenue $ 24 million versus $ 52.8 million
* Qtrly loss per share $0.08
* Essential has reduced its dividend by 50%; quarterly dividend will now be
$0.015 per share
* Says industry fundamentals show no improvement in near term,remains
uncertainty about industry downturn
* Source text for Eikon ID:nMKWjLTbSa
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