Trinidad Drilling has acquired 2 companies of its own.
Trinidad Drilling’s largest acquisition to date was in 2015, when it acquired CanElson Drilling for $505M. Trinidad Drilling has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include information technology (50%) and oil/gas exploration (50%).
1000, 585 - 8th Avenue SW,
Calgary, Alberta
T2P 1G1
Canada,
(403) 265-6525
www.trinidaddrilling.com
| Date | Target |
Value
$mlns |
Transaction Type | Acquirer | Seller |
SRC
Link |
|---|---|---|---|---|---|---|
| 2017-08-28 |
RigMinder Operating LLC · Information Technology
The Woodlands, Texas · www.rigminder.com RigMinder Operating LLC is a technology company that provides of products include three distinct revenue platforms: RigMinder Criterion, a directional drilling guidance system with proven ability to optimize trajectory, reduce drilling costs and ultimately improve production for customers; RigMinder electronic data recorder (EDR) which monitors the functionality of the drilling rig operations, capturing near real-time drilling data that can be analyzed remotely to optimize performance; and finally, the ability to independently integrate and operate downhole tools. |
30 | Add-on Acquisition | - |
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