M&A Deal Summary

I.E. Miller Services Acquires Peak USA Energy Services

On April 19, 2012, I.E. Miller Services acquired energy services and equipment company Peak USA Energy Services from Nabors

Acquisition Highlights
  • This is I.E. Miller Services’ 1st transaction in the Energy Services and Equipment sector.
  • This is I.E. Miller Services’ 1st transaction in the United States.

M&A Deal Summary

Date 2012-04-19
Target Peak USA Energy Services
Sector Energy Services and Equipment
Buyer(s) I.E. Miller Services
Sellers(s) Nabors
Deal Type Divestiture

Target

Peak USA Energy Services

United States
Peak USA Energy Services Ltd. is a diversified oilfield service company specializing in rig moving, custom heavy hauling, crane and rigging services, and oilfield transportation.

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Buyer(S) 1

Buyer

I.E. Miller Services

Eunice, Louisiana, United States

Category Company
Founded 1936
Sector Energy Services and Equipment
Employees400
DESCRIPTION

I.E. Miller Services, Inc. is a North American provider of rig relocation services, including disassembly, transportation and reassembly of oil and gas drilling rigs. It also services a well-diversified base of leading oil and gas producers as well as drilling companies.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

Nabors

Hamilton, Bermuda

Category Company
Founded 1952
Sector Oil/Gas Exploration
Employees12,400
Revenue 2.9B USD (2024)
DESCRIPTION

Nabors owns and operates a land-based drilling rig fleet and has a completion services and workover and well servicing rig fleets in North America. Nabors was founded in 1952 and is based in Hamilton, Bermuda.


DEAL STATS #
Overall 1 of 4
Sector: Energy Services and Equipment M&A 1 of 4
Type: Divestiture M&A Deals 1 of 4
Country: United States M&A 1 of 4
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-09 Superior Well Services

Indiana, Pennsylvania, United States

Superior Well Services, Inc. offers oilfield services, including technical pumping and surveying services to oil and natural gas companies.

Buy $900M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-30 Peak Oilfield Service Company

Anchorage, Alaska, United States

Peak is a energy support services company serving the Alaska crude oil and natural gas market. Peak's primary service lines include an array of drilling support services such as rig moving, fluid hauling, crane support, all-terrain vehicle transportation and wellsite construction; ice road construction services, which provide E&P operators and service companies with access to established and prospective drilling sites during the winter season; operations & maintenance services, which provide personnel and equipment to support facility, plant and refinery operations; remote power generation solutions; tank cleaning services; and civil engineering services.

Sell -