M&A Deal Summary

EnQuest Energy Services Acquires Sikanni Services

On April 29, 2008, EnQuest Energy Services acquired energy services and equipment company Sikanni Services

Acquisition Highlights
  • This is EnQuest Energy Services’ 1st transaction in the Energy Services and Equipment sector.
  • This is EnQuest Energy Services’ 1st transaction in Canada.
  • This is EnQuest Energy Services’ 1st transaction in Alberta.

M&A Deal Summary

Date 2008-04-29
Target Sikanni Services
Sector Energy Services and Equipment
Buyer(s) EnQuest Energy Services
Deal Type Add-on Acquisition

Target

Sikanni Services

Red Deer, Alberta, Canada
Sikanni Services Ltd provides oilfield trucking and equipment rental services to the oil and gas industry in western Canada.

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Buyer(S) 1

Buyer

EnQuest Energy Services

Calgary, Alberta, Canada

Category Company
Founded 2002
Sector Energy Services and Equipment
DESCRIPTION

EnQuest Energy Services Corp. is a provider of energy services primarily in the US in several business segments including transportation services, rig-moving, crane services, specialized heavy hauling, oilfield equipment rentals, retailing of new and refurbished oil country tubular goods, and pipe storage.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2008 M&A 1 of 1