Select Energy Services Completes Entry Into Canadian Market
Feb 20, 2012, 13:02 ET
Acquisition of WTR Transfer Services Adds Niche Expertise for Canada
GRAND PRAIRIE, Alberta, Feb. 20, 2012 /CNW/ - Select Energy Services, LLC (SES) a U.S.-headquartered provider of engineered water solutions to the oil and gas industry, today announced its acquisition of the remaining interests in WTR Transfer Services Ltd. (WTR). The entity establishes an immediate presence for Select Energy Services in the rapidly growing, unconventional drilling markets in Canada.
WTR performs water transfer services for the shale drilling industry in Western Canada, specializing in high volume water transfer through a "no leak" water transfer system. Water transfer processes in harsh, wintery climates such as Western Canada are different from those in other unconventional plays. WTR has developed specialized practices designed to complete jobs in extremely cold temperatures.
"This transaction completes Select's entry into Western Canada from its initial acquisition in mid-2011," said John Schmitz, CEO of Select. "The demand for specialized water transfer equipment and services in this region is extensive, and Select looks forward to growing its business throughout the country as a result of this acquisition and expanded service offering."
About Select Energy Services
Houston-headquartered Select Energy Services, LLC, (SES) is an industry leader in delivering innovative and efficient end-to-end water solutions and well-site services to energy producers. With more than 5,000 employees and $1 billion in revenues, SES effectively and safely sources, transports, tests, treats, and disposes of water and fluids from well sites within every major North American shale play in an environmentally conscientious manner. For more information, visit www.selectenergyservices.com.
SOURCE Select Energy Services, LLC
For further information:
Dustin Childers of Select Energy Services, +1-832-776-2864, [email protected]
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