M&A Deal Summary

Secure Energy Services Acquires Marquis Alliance Energy Group

On June 1, 2011, Secure Energy Services acquired energy services and equipment company Marquis Alliance Energy Group for 131M USD

Acquisition Highlights
  • This is Secure Energy Services’ 1st transaction in the Energy Services and Equipment sector.
  • This is Secure Energy Services’ largest (disclosed) transaction.
  • This is Secure Energy Services’ 2nd transaction in Canada.
  • This is Secure Energy Services’ 2nd transaction in Alberta.

M&A Deal Summary

Date 2011-06-01
Target Marquis Alliance Energy Group
Sector Energy Services and Equipment
Buyer(s) Secure Energy Services
Deal Type Add-on Acquisition
Deal Value 131M USD

Target

Marquis Alliance Energy Group

Calgary, Alberta, Canada
Marquis Alliance Energy Group, Inc. is in in the development and supply of drilling fluids and drilling fluid systems. Marquis Alliance focuses on providing products and systems that are designed for more complex wells, such as medium to deep wells, horizontal wells and horizontal SAGD wells.

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Buyer(S) 1

Buyer

Secure Energy Services

Calgary, Alberta, Canada

Category Company
Founded 2007
Sector Oil/Gas Exploration
Employees1,847
Revenue 8.2B CAD (2023)
DESCRIPTION

Secure Energy Services is a energy services company that focuses on providing specialized services to upstream oil and natural gas companies operating in the Western Canadian Sedimentary Basin. Secure Energy Services was incorporated in 2007 and is based in Calgary, Canada.


DEAL STATS #
Overall 2 of 9
Sector (Energy Services and Equipment) 1 of 7
Type (Add-on Acquisition) 1 of 7
State (Alberta) 2 of 8
Country (Canada) 2 of 8
Year (2011) 1 of 3
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-03 Pembina Area Landfill

Drayton Valley, Alberta, Canada

Pembina Area Landfill Ltd. consists of two separate landfill cells. A Class II cell, similar to those operated by Secure at South Grande Prairie and Willesden Green, will provide disposal of non-dangerous reclamation solids and drill cuttings to surrounding oil and gas customers. A Class I landfill, one of only two facilities licensed in the Province of Alberta, will accept industrial hazardous solids and dangerous oilfield wastes. The Class I landfill design consists of an engineered clay liner, two synthetic liners, leak detection, leachate collection system and a series of environmental monitoring programs.

Buy $12M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-06 XL Fluid Systems

Calgary, Alberta, Canada

XL Fluids is an energy services company that specializes in the supply and development of drilling fluids and drilling fluid systems. Company operates in Saskatchewan, Alberta, British Columbia and Manitoba. XL Fluids has a market share of approximately 25% in Saskatchewan combined with significant exposure to horizontal drilling activity associated with the Cardium, Viking, Elkton and Bluesky formations in Alberta.

Buy $37M