Add-on Acquisition • Energy Services and Equipment

Cutters Wireline Service Acquires Lone Wolf Wireline

On July 18, 2007, Cutters Wireline Service acquired energy services and equipment company Lone Wolf Wireline

Acquisition Context
  • This is Cutters Wireline Service’s 1st transaction in the Energy Services and Equipment sector.
  • This is Cutters Wireline Service’s 1st transaction in the United States.
  • This is Cutters Wireline Service’s 1st transaction in Colorado.

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M&A Deal Summary

Date July 18, 2007
Target Lone Wolf Wireline
Sector Energy Services and Equipment
Buyer(s) Cutters Wireline Service
Deal Type Add-on Acquisition

Target Company

Lone Wolf Wireline

Grand Junction, Colorado, United States
Lone Wolf Wireline, Inc. provider of cased-hole electric wireline services to natural gas and oil companies in the Rocky Mountain region.
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Buyer Overview 1

Buyer

Cutters Wireline Service

Vernal, Utah, United States

Category Company
Founded 1988
Sector Energy Services and Equipment
DESCRIPTION

Cutters Wireline Service, Inc. provides cased hole electric wireline services that are critical throughout the life of a well, including logging, perforation, mechanical services and plug and abandonment. The company utilizes measurement instruments and tools attached to armored cables that are lowered into the well shaft to log and evaluate downhole conditions, to perforate the well pipe and casing to enhance flow, and to recover stuck piping from the shaft during the drilling process.


Deal Context for Buyer #
Overall 1 of 1
Sector: Energy Services and Equipment 1 of 1
Type: Add-on Acquisition 1 of 1
State: Colorado 1 of 1
Country: United States 1 of 1
Year: 2007 1 of 1