Sequeira Partners acted as financial advisor to Strike Energy Services Group in the acquisition of Bob Dale Oilfield Construction.
Description of Transaction
Sequeira Partners was engaged as the financial advisor to Strike Energy Services Group in the acquisition of Bob Dale Oilfield Construction Ltd. The acquisition by Strike will strengthen the company’s services to benefit Bob Dale’s customers, employees and other stakeholders in the Drayton Valley area.
Strike Energy Services, Inc. operates as an energy service and construction company that primarily focuses on servicing the oil and gas industry in the Western Canadian Sedimentary Basin. It offers construction services to the energy industry in the areas of major facility projects, production services, fabrication and module assembly, and electrical and maintenance. The company also handles projects related to surface facilities in the oil and gas industry, such as pipeline construction, production and process facility construction and maintenance, electrical construction, instrumentation, module fabrication and assembly, plant maintenance and turnaround services, and major project construction.
Bob Dale offers oilfield constructions services, including fabrication, maintenance, installation, facility construction and small-inch pipelines. With a highly skilled, motivated work force, Bob Dale services exploration, production and midstream operators in the Drayton Valley area.
Industrial, Energy Services