Friday, September 21, 2012

Bakken Oil Field Services Company Being Sold

Wood Group has announced an agreement to acquire Mitchell's Oil Field Services, Inc., a provider of maintenance, installation and fabrication services in the Bakken shale region for an initial consideration of $135m. According to its website, Wood Group is an international energy services company with $6.0 billion in sales. The same website states Mitchell's Oil Field Services was founded in Sidney. Mont. in 1977 and is owned by Stone Arch Capital, a Minneapolis-based private equity group, and Mitchell management.  Read more

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