Sure Tech Tool Services Inc. Announces Entry into a Sale Agreement with Sanjel Corporation
CALGARY, Nov. 2, 2011 /PRNewswire/ - Sure Tech Tool Services Inc. (Sure Tech) is pleased to announce that it has entered into an agreement for the sale of its completion company to Sanjel Corporation. Targeted closing of the transaction is anticipated to take place by December 15, 2011.
"Sure Tech's new innovative technology and product line offerings will be enhanced by Sanjel Corporation's geographic presence and infrastructure both domestically and internationally," said Sean Campbell, Sure Tech's President. "Synergies created by Sure Tech's innovations and Sanjel's ability to compete in complex markets will further improve completion efficiencies for our customers."
Sure Tech Tool Services Inc. is a privately owned Canadian-based completions company. Sure Tech prides itself on innovative and customized products specializing in the horizontal fracturing market in addition to a full product offering of completion service products. Sure Tech is rapidly expanding into markets throughout Canada and the United States.
SOURCE Sanjel Corporation
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