Marquis Alliance Closes New West Drilling Deal

 
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January 26, 2012

Companies in this story

  • Marquis Alliance Energy Group Inc.
  • Secure Energy Services Inc.
  • New West Drilling Fluids Inc.
  • New West Energy Services Inc.

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Marquis Alliance Energy Group Inc., a subsidiary of Secure Energy Services Inc., Calgary, (Toronto: SES) has closed its purchase of the operating assets (excluding working capital) of New West Drilling Fluids Inc., a subsidiary of New West Energy Services Inc., Calgary, (Toronto Venture: NWE) for C$3.4 million.

New West Drilling is a drilling fluids company operating in Alberta, specializing in providing drilling-fluid systems and products for the heavy oil and tar sands segment.

New West Drilling is known for its SAGD system, BITUDRIL, the first bitumen encapsulating polymer based system ...


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