M&A Deal Summary

ShalePro Energy Services Acquires ProActive Services

On January 4, 2017, ShalePro Energy Services acquired oil/gas exploration company ProActive Services

Acquisition Highlights
  • This is ShalePro Energy Services’ 1st transaction in the Oil/Gas Exploration sector.
  • This is ShalePro Energy Services’ 3rd transaction in the United States.
  • This is ShalePro Energy Services’ 2nd transaction in West Virginia.

M&A Deal Summary

Date 2017-01-04
Target ProActive Services
Sector Oil/Gas Exploration
Buyer(s) ShalePro Energy Services
Deal Type Merger

Target

ProActive Services

Clarksburg, West Virginia, United States
ProActive Services LLC is a natural gas service company involved in operating natural gas compressor stations, with services in oil field services including: pipeline inspection, well services, freshwater hauling, road hydration, pipeline pigging, tank strapping and permitting services to WV DEP.

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Buyer(S) 1

Buyer

ShalePro Energy Services

Houston, Pennsylvania, United States

Category Company
Founded 2014
Sector Energy Services and Equipment
DESCRIPTION

ShalePro Energy Services is located in the heart of the Marcellus/Utica Shale Basin and is proud to provide best-in-class services to the production and midstream sectors of the ever-growing natural gas industry. It is a holding company formed to acquire leading field service companies serving midstream operators and producers in the Appalachian Basin. ShalePro’s four operating subsidiaries provide a wide range of operating and maintenance services through a workforce of approximately 300 employees located throughout the Ohio, Pennsylvania, and West Virginia shale gas region. ShalePro Energy Services was formed in 2014 and is based in Houston, Pennsylvania.


DEAL STATS #
Overall 3 of 4
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Merger M&A Deals 2 of 3
State: West Virginia M&A 2 of 2
Country: United States M&A 3 of 4
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-03 Starett s Well Service

Jane Lew, West Virginia, United States

Starett's Well Service LLC is a specialty roustabout services firm focused on well site and midstream natural gas infrastructure.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-07 Katko

St Clairsville, Ohio, United States

Katko Ltd. engages in the natural gas services industry provides complementary production and midstream services for the natural gas and oil industry in the Ohio, West Virginia, and Pennsylvania.

Buy -