Sequeira Partners acted as the exclusive sell-side advisor to Vencor Production Testing in its sale to Rockwater Energy Solutions.
Description of Transaction
Based in Whitecourt, Alberta, Vencor is one of Western Canada’s largest private production testing companies servicing major exploration and production companies throughout the Western Canadian Sedimentary Basin for over 12 years.
Rockwater Energy Solutions is a fluids and environmental solutions provider offering customized products and services to the water, stimulation, fracturing, fluids, and production needs of customers throughout the U.S. and Western Canada. Rockwater is a platform company of SCF Partners, an oilfield services focused Private Equity group with offices in Houston and Calgary.
The addition of Vencor extends the Rockwater offering of flowback and production testing beyond their current U.S. footprint and strengthens the Rockwater fluids management service offering throughout Western Canada.
Mark McRae