Sanjel Announces the Acquisition of Sure Tech Tool Services Inc.
CALGARY, Dec. 15, 2011 /PRNewswire/ - Sanjel Corporation ("Sanjel") is pleased to announce that it has completed its previously announced acquisition of Sure Tech Tool Services Inc. ("Sure Tech"), a Canadian-based completions company.
"The acquisition of Sure Tech aligns very well with Sanjel's long-term strategic plans," explained Warren Zemlak, Sanjel's Chief Operating Officer. "The demand for Sanjel's proven multi-stage fracturing expertise continues to grow rapidly. With Sure Tech's progressive multi-zone technology Sanjel is now well positioned to provide our clients with enhanced operational efficiencies and recovery which in turn will improve their production results. The integration of both companies will commence immediately and will continue over the coming months."
"We are extremely pleased to be aligned with such a respected, internationally recognized company," said Sean Campbell, President of Sure Tech Tool Services Inc. "These are exciting times as together we start to deliver operational synergies for our global clients."
Suretech Completions Ltd., (formerly Sure Tech Tool Services Inc.), is a Canadian-based industry leader specializing in innovative multi-zone technologies and a wholly owned subsidiary of Sanjel Corporation.
Sanjel Corporation is a Canadian-based, international oilfield service company with almost three decades of industry experience. Sanjel is a major competitor in the global oil and gas market and the largest privately-owned oilfield service company in Canada. Sanjel offers five specialized service lines in acidizing, cementing, coiled tubing, fracturing and nitrogen - each complete with our own broad range of specialized products and custom-designed and manufactured equipment. Driven by pride and recognized for performance, Sanjel transforms our industry-leading technology into customized solutions and superior job execution.
SOURCE Sanjel Corporation
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