Link to Rock Hill Herald Online.com. (Rock Hill, South Carolina)
Also at Rigzone.com.
Wood Group has agreed to acquire Mitchell's Oil Field Services, Inc., a provider of maintenance, installation and fabrication services in the oil-rich Bakken shale region for an initial consideration of $135 million. Further earn out payments due in the period to 2015 based on Mitchell's future performance may be payable.
Mitchell's Oil Field Services, founded in Sidney, Montana, in 1977, provides maintenance, installation and fabrication services to the North Dakota and Montana onshore oil & gas market. Mitchell's is owned by Stone Arch Capital, a Minneapolis-based private equity group, www.stonearchcapital.com, and management. www.mitchellsoilfield.com
Wood Group (John Wood Group PLC) is an international energy services company with $6.0bn sales, employing more than 41,000 people worldwide and operating in 50 countries. The Group has three businesses – Engineering, Wood Group PSN and Wood Group GTS - providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide. www.woodgroup.com
"services to the North Dakota and Montana onshore oil & gas market"
ReplyDelete"onshore"
I'll have to remember that.
anon 1
I don't know if you've been following the Maps app debacle on the new iPhone but "onshore" Montana made me think of the problems Apple is having with their maps app.
Delete