M&A Deal Summary

Bonnetts Energy Acquires Hess Oilfield Services

On November 30, 2005, Bonnetts Energy acquired energy services and equipment company Hess Oilfield Services

Acquisition Highlights
  • This is Bonnetts Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is Bonnetts Energy’s 1st transaction in Canada.
  • This is Bonnetts Energy’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2005-11-30
Target Hess Oilfield Services
Sector Energy Services and Equipment
Buyer(s) Bonnetts Energy
Deal Type Add-on Acquisition

Target

Hess Oilfield Services

Fort St. John, British Columbia, Canada
Hess Oilfield Services Ltd. is a provider of drilling, completion, and workover solutions. It offers equipment rentals, downhole fishing tools, transportation services, and anchoring services.

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Buyer(S) 1

Buyer

Bonnetts Energy

Grande Prairie, Alberta, Canada
Category Company
Founded 1972
Sector Energy Services and Equipment
DESCRIPTION

Bonnetts Energy Corp. is a provider of wireline, production and testing, oilfield rental, fishing, and pipe recovery services. Bonnetts suite of complementary service lines, which include cased-hole wireline, specialty pump-down, and swabbing services. Bonnetts Energy was founded in 1972 and is based in Grande Prairie, Alberta.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2005) 1 of 1
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