Undisclosed

A public energy services company operating in western Canada has retained Rundle Energy Partners Ltd. to sell operating units including production services, oilfield transportation, oilfield equipment rentals and specific assets from downhole services. The company is seeking a strategic purchaser with the infrastructure and resources necessary to capitalize fully on the potential of the operating divisions offered for sale. The scale of operations provides a turn-key opportunity for buyers looking to expand into east-central and northern Alberta. The top-10 clients comprise 80% of revenue, primarily from senior and intermediate producers operating in Alberta and Saskatchewan. The majority of the rolling-stock fleet is 2003 or newer with an asset value of approximately $28 million. Contact Dave Munro, 403-298-9735.