M&A Deal Summary

ShalePro Energy Services Acquires Starett s Well Service

On September 3, 2015, ShalePro Energy Services acquired energy services and equipment company Starett s Well Service

Acquisition Highlights
  • This is ShalePro Energy Services’ 2nd transaction in the Energy Services and Equipment sector.
  • This is ShalePro Energy Services’ 2nd transaction in the United States.
  • This is ShalePro Energy Services’ 1st transaction in West Virginia.

M&A Deal Summary

Date 2015-09-03
Target Starett s Well Service
Sector Energy Services and Equipment
Buyer(s) ShalePro Energy Services
Deal Type Add-on Acquisition

Target

Starett s Well Service

Jane Lew, West Virginia, United States
Starett's Well Service LLC is a specialty roustabout services firm focused on well site and midstream natural gas infrastructure.

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Buyer(S) 1

Buyer

ShalePro Energy Services

Houston, Pennsylvania, United States

Category Company
Founded 2014
Sector Energy Services and Equipment
DESCRIPTION

ShalePro Energy Services is located in the heart of the Marcellus/Utica Shale Basin and is proud to provide best-in-class services to the production and midstream sectors of the ever-growing natural gas industry. It is a holding company formed to acquire leading field service companies serving midstream operators and producers in the Appalachian Basin. ShalePro’s four operating subsidiaries provide a wide range of operating and maintenance services through a workforce of approximately 300 employees located throughout the Ohio, Pennsylvania, and West Virginia shale gas region. ShalePro Energy Services was formed in 2014 and is based in Houston, Pennsylvania.


DEAL STATS #
Overall 2 of 4
Sector (Energy Services and Equipment) 2 of 3
Type (Add-on Acquisition) 1 of 1
State (West Virginia) 1 of 2
Country (United States) 2 of 4
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-03 Appalachian Production Services

Abingdon, Virginia, United States

Appalachian Production Services, Inc. is a provider of complementary production and midstream services for the natural gas and oil industry in the Appalachian Basin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-04 ProActive Services

Clarksburg, West Virginia, United States

ProActive Services LLC is a natural gas service company involved in operating natural gas compressor stations, with services in oil field services including: pipeline inspection, well services, freshwater hauling, road hydration, pipeline pigging, tank strapping and permitting services to WV DEP.

Buy -