Sanjel Closes the Sale of its Canadian Pressure Pumping Assets

CALGARY, June 1, 2016 /CNW/ - Sanjel Corporation ("Sanjel" or the "Company") announces the closing of the previously disclosed sale of its fracturing, coiled tubing and cementing businesses in Canada. The Company wishes to thank its dedicated team of employees and its loyal customers for supporting Sanjel's business over the last 34 years and more recently through this transition period. Although this has been a very difficult period in the well service industry, Sanjel understands that a significant number of former employees of the Company have been offered employment opportunities by the purchasers in connection with this sale.

SOURCE Sanjel Corporation

Organization Profile

Sanjel Corporation

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890