DENVER, Sept. 15, 2016 /PRNewswire/ -- RockPile Energy Services, LLC ("RockPile" or the "Company"), a portfolio company of White Deer Energy, today announced the Company has acquired American Well Service LLP ("AWS"), a Kenmare, North Dakota based Workover Rig Company.
- American Well Service is a 6 rig Workover business, which provides both 24 hour and 12 hour cleanout and well intervention service operations
- When added to RockPile's current 6 rig business, the Company will now have 12 Workover rigs servicing the Bakken with an operational presence in both the Northern and Southern portions of the basin
- American Well Service is an ideal fit with RockPile due to their reputation for high quality service delivery and a deep commitment to QHSE excellence
- Acquisition marks RockPile's first deal after being acquired by White Deer a week ago
"We couldn't be more excited to welcome the American Well Service team to the RockPile family. Their reputation for outstanding service is well known in North Dakota and we are confident they will make a great addition to our existing Workover business. Our combined service line will now have 12 Workover rigs operating in the basin with more to be added. We believe this provides RockPile with a great platform to serve our Clients across the Bakken and makes us as significant player in the North Dakota Workover market," remarked Curt Dacar, RockPile's CEO.
American Well Service was founded in 2012 by a group of industry veterans and has grown from their initial rig to a 6 rig business with 60 employees. When combined with RockPile's existing 6 Workover rigs, this gives RockPile a 12 rig business with a fully diversified service offering and geographic footprint within the Williston Basin. Additionally, American Well Service existing blue chip client base and ability to perform complex, 24 hour operations further bolster RockPile's current rig business.
Greg Wiedmer, Managing Partner of American Well Service, commented, "On behalf of the AWS team, we want to thank Curt and RockPile for the opportunity to join their fantastic company. Given RockPile's previous experience acquiring and growing Team Well Services from a 3 rig to a 6 rig business in a short amount of time, we feel very confident that teaming with RockPile will be a successful endeavor for our employees and all parties involved. We look forward to getting to work and continuing to grow a 'Best-In-Class' business together with our RockPile partners."
RockPile Energy Services is a growth oriented oil services company providing engineered completions solutions to oil and gas exploration and production companies primarily in the Williston and Permian Basins. RockPile's unique suite of capabilities and technologies deliver improved well economics to clients operating in the most challenging basins in North America. The Company's service offerings include hydraulic fracturing, cased hole wireline, ancillary pump services, advanced completions logistics solutions, and workover rig services.
Forward-Looking Statements Disclosure
The information presented in this press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results contemplated by the forward-looking statements. The forward-looking statements in this press release are made as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement as a result of new information, future developments, or otherwise.
RockPile Energy Services, LLC
Joe Marsh, VP & General Manager – Rig Services
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SOURCE RockPile Energy Services, LLC