CanElson Drilling - M&A Summary, Ownership, and Business Overview

Oil/gas ExplorationCompany

CanElson Drilling M&A Summary

CanElson Drilling has acquired 3 companies of its own.

CanElson Drilling’s largest acquisition to date was in 2013, when it acquired Highkelly Drilling for $42M. The Company’s most targeted sectors include energy services and equipment (67%) and oil/gas exploration (34%).

CanElson Drilling Ownership

Who owns CanElson Drilling?

CanElson Drilling is owned by Trinidad Drilling. It was acquired on June 11, 2015.

CanElson Drilling Business Overview

Where is CanElson Drilling headquartered?

CanElson Drilling is headquartered in Calgary, Alberta.

How many employees does CanElson Drilling have?

CanElson Drilling has 1,000 employees.

What sector is CanElson Drilling in?

CanElson Drilling is an oil/gas exploration company.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Advisors 1

CanElson Drilling, Inc.

Suite 700, 808 - 4th Avenue S.W,
Calgary, Alberta T2P 3E8
Canada,
(403) 266-3922
www.canelsondrilling.com

CanElson Drilling, Inc. engages in operating a land-based contract drilling rigs in Canada, the US and Mexico for oil and natural gas exploration and development companies. CanElson also operates a compressed natural and raw gas transportation related services business.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $42M $42M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Highkelly Drilling Ltd. 2013-12-06 42M USD Add-on Acquisition
Calgary, Alberta
Eagle Drilling Services Ltd 2011-01-14 - Add-on Acquisition
Carlyle, Saskatchewan
Totem Drilling Ltd. 2010-06-09 - Add-on Acquisition
Carnduff, Saskatchewan
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 2 (67%) - - -
Oil/Gas Exploration 1 (33%) 42M (100%) - -
Total 3 $42M - -

By Geo

State/Country Buy Value Sell Value
Canada 3 42M - -
  Saskatchewan 2 - - -
  Alberta 1 42M - -
Total 3 $42M - -

Top M&A Advisors

Financial Deals
Lightyear Capital, Inc.
1

Deal Values

buy # Total
< $100M 1 $42M
TOTAL $42M
Largest Highkelly Drilling Ltd.
$42M (2013-12-06)

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