CALGARY, Oct. 8, 2014 /CNW/ - Rapid Rod Service is pleased to announce today that it acquired the Rod Rig / Flush By equipment assets of Essential Energy Services Ltd. ("Essential") effective October 8, 2014. This acquisition is comprised of the Rod Rig division assets of Essential and will move equipment and resources immediately under the Rapid Rod Service organization. The assets acquired from Essential consist of 7 single rod rigs, 6 double rod rigs, 2 TMXs, and 4 pump trucks. The business is currently working out of locations in Red Deer, Drayton Valley, Brooks, Medicine Hat and Swift Current. All employees of the Production Services Division will be offered employment at Rapid Rod.
This acquisition will make Rapid Rod the largest single purpose Rod Rig/Flush By supplier in Canada, allowing us to satisfy the demands of our customers. This advancement will allow Rapid Rod the ability to service new markets areas and develop specialized well servicing capabilities.
About Rapid Rod Service
Rapid Rod Service is a high growth, privately owned oil-field service company with Canadian headquarters located in Calgary, Alberta and United States headquarters in San Antonio, Texas. Since Rapid Rod's inception in 2008, the company has built an extensive fleet of equipment, providing conventional rod and coiled rod service and maintenance to meet the well-site production needs of our customers. Rapid Rod provides truck mounted handling equipment to service conventional or continuous sucker rods in pumping wells. Driven by their dedicated team and safety efforts, Rapid Rod is committed to investing in the best equipment and continually adding value to their customers.
For Information visit our website: http://rapidrodservice.com
Image with caption: "Rapid Rod Servicing Cell (CNW Group/Rapid Rod Servicing Cell)". Image available at: http://photos.newswire.ca/images/download/20141008_C7373_PHOTO_EN_42982.jpg
SOURCE: Rapid Rod Servicing Cell
For further information:
Rapid Rod Service, Canadian Headquarters
403 690 8603