Stallion Extends Rocky Mountains Footprint with Acquisition in Williston, North Dakota
On September 12, 2005, Stallion acquired the assets of GL Trucking & Rental, Inc. GL has been a leading provider of integrated drilling support services for the Williston Basin and surrounding areas. Assets include over 100 rig housing units, significant rig hauling capacity, loaders and equipment setting cranes.
HOUSTON, Texas, (PRWEB) September 15, 2005 -– On September 12, 2005, Stallion
acquired the assets of GL Trucking & Rental, Inc. in Williston, North
Dakota. GL has been a leading provider of integrated drilling support services
for the Williston Basin and surrounding areas. Assets include over 100 rig
housing units, significant rig hauling capacity, loaders and equipment setting
cranes.
The North Dakota acquisition extends Stallion's current
geographic footprint in the Rocky Mountains where Stallion operates from
Riverton, Wyoming, and serves the Wyoming, Colorado and Utah areas.
Additionally, the Company recently opened a new service location in Rifle,
Colorado, to strengthen its service capability in the Piceance Basin.
Craig Johnson, Stallion’s CEO, commented, "We are continuing to expand
our products and services through a combination of acquisitions and capital
investment in new equipment throughout the Rocky Mountains to satisfy our
customers' growing needs. With locations from Alice, Texas, to Williston, North
Dakota, we continue to enhance our ability to service our customers across the
major basins of the lower 48."
Stallion’s goal is to become the leading
drilling support services provider in the areas in which it operates and is
targeting major basins of the United States. The Company now provides services
in the Gulf Coast, South Texas, ArkLaTex, Ft. Worth Basin, Permian Basin,
Anadarko Basin of Western Oklahoma, Rocky Mountains and Williston Basin.
With over 325 employees in 17 locations and over 1,100 land-based rig
housing units, a significant fleet of surface rental equipment and significant
solids control capability including closed-loop systems, Stallion is the leading
drilling support service provider in the United States.
Please find
additional information at the Company’s newly updated web site: www.stallionoilfield.com.
Contact:
David
Schorlemer
3203 Audley St.,
Houston, Texas 77098
(713)
528-5544
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Source : http://www.prweb.com/releases/2005/9/prweb284757.htm