CALGARY, Nov. 2, 2011 /CNW/ - Sure Tech Tool Services Inc. (Sure Tech)
is pleased to announce that it has entered into an agreement for the
sale of its completion company to Sanjel Corporation. Targeted closing
of the transaction is anticipated to take place by December 15, 2011.
"Sure Tech's new innovative technology and product line offerings will
be enhanced by Sanjel Corporation's geographic presence and
infrastructure both domestically and internationally," said Sean
Campbell, Sure Tech's President. "Synergies created by Sure Tech's
innovations and Sanjel's ability to compete in complex markets will
further improve completion efficiencies for our customers."
Sure Tech Tool Services Inc. is a privately owned Canadian-based
completions company. Sure Tech prides itself on innovative and
customized products specializing in the horizontal fracturing market in
addition to a full product offering of completion service products.
Sure Tech is rapidly expanding into markets throughout Canada and the
SOURCE Sanjel Corporation
For further information:
Sure Tech Tool Services Inc.
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