M&A Deal Summary

Dlm Oilfield Enterprises Acquires Kwiksilver Technology

On July 7, 2017, Dlm Oilfield Enterprises acquired oil/gas exploration company Kwiksilver Technology

Acquisition Highlights
  • This is Dlm Oilfield Enterprises’ 2nd transaction in the Oil/Gas Exploration sector.
  • This is Dlm Oilfield Enterprises’ 2nd transaction in Canada.
  • This is Dlm Oilfield Enterprises’ 1st transaction in Alberta.

M&A Deal Summary

Date 2017-07-07
Target Kwiksilver Technology
Sector Oil/Gas Exploration
Buyer(s) Dlm Oilfield Enterprises
Deal Type Add-on Acquisition

Target

Kwiksilver Technology

Provost, Alberta, Canada
Kwiksilver Technology Ltd. is an oilfield services company focused on providing coil tubing units ("CTUs"), flushby, pressure truck, semi-vac and hauling services to regions directly adjacent to DLM's core geographic markets. Kwik is based in Provost, Alberta.

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Buyer(S) 1

Buyer

Dlm Oilfield Enterprises

Bonnyville, Alberta, Canada

Category Company
Founded 2000
Sector Business Services
DESCRIPTION

Dlm Oilfield Enterprises Ltd. provides maintenance services to cold oil and SAGD production facilities throughout Northeast Alberta. Dlm Oilfield Enterprises was founded in 2000 and is based in Bonnyville, Alberta.


DEAL STATS #
Overall 2 of 2
Sector: Oil/Gas Exploration M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Alberta M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-16 Leeway Heavy Oil

Canada

Leeway Heavy Oil provides additional customer and geographic diversification to DLM’s business

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