M&A Deal Summary

JMR Services Acquires A-Plus

On May 15, 2024, JMR Services acquired oil/gas exploration company A-Plus

Acquisition Highlights
  • This is JMR Services’ 2nd transaction in the Oil/Gas Exploration sector.
  • This is JMR Services’ 2nd transaction in the United States.
  • This is JMR Services’ 1st transaction in New Mexico.

M&A Deal Summary

Date 2024-05-15
Target A-Plus
Sector Oil/Gas Exploration
Buyer(s) JMR Services
Deal Type Merger
Advisor(s) Smith Clark Pennington (Legal)

Target

A-Plus

Farmington, New Mexico, United States
A-Plus is a premiere plug and abandonment service provider across the San Juan, Denver-Julesburg, and Permian Basins. Known for its professional, safe, and cost-effective services, A-Plus offers comprehensive equipment packages for efficient and economical well plugging. A-Plus was founded in 1992 and is based in Farmington, New Mexico.

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Buyer(S) 1

Buyer

JMR Services

Midland, Texas, United States

Category Company
Founded 2015
Sector Oil/Gas Exploration
DESCRIPTION

JMR Services offers Oil & Gas Well plugging and abandonment services along with well site decommission and reclamation throughout the Permian Basin. JMR Services was founded in 2015 and is based in Midland, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Oil/Gas Exploration M&A 2 of 2
Type: Merger M&A Deals 1 of 1
State: New Mexico M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-15 BCM & Associates

Odessa, Texas, United States

BCM & Associates provides plug and abandonment services in the Permian Basin with yards in Midland, Texas, and Hobbs, New Mexico. BCM & Associates was founded in 1998 and is based in Odessa, Texas.

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