“Our company’s mission is to deliver exceptional products, services, and solutions to our customers,” said Cameron Kirkpatrick, Wyre’s President and CEO. “We believe this acquisition helps further expand our commitment and support to our customers in the regions we service and enhance our ability for conversional wireline services.”
This purchase follows the third anniversary of the company’s incorporation in May 2018. “We are now more comfortable than ever in who we are as a company,” continued Kirkpatrick, “and we are more excited than ever at the opportunities we have on the horizon.”
“I am very proud of the entire Wyre team for overcoming industry adversities since Cameron launched the company in 2019,” said Board Chairman David S. Wesson, P.E. “These past three years have been the most difficult and challenging period in my nearly 40 years in the industry. I am looking forward to the growth and diversity that acquiring these assets will allow for the company.”
Wyre is a well services company specialising in well completions, workover, and plugging and abandonment of oil and gas wells. Service areas include the natural-gas focused fields in South and East Texas and North Louisiana.
Read the latest issue of Oilfield Technology in full for free: Issue 2 2021
Oilfield Technology’s second issue of 2021 starts with a report from KPMG that examines the outlook for the Scottish oil and gas sector. The rest of the issue is dedicated to articles covering the offshore supply chain industry, offshore asset integrity, expandable liner technology, advances in drilling, data security, flow control, EOR and methane emissions.
Exclusive contributions come from Tata Steel, EM&I Group, 3X Engineering, Enventure Global Technology, Varel Energy Solutions, Adrilltech, Tendeka and more.
Read the article online at: https://www.oilfieldtechnology.com/product-news/05072021/wyreline-transformation-acquires-assets-from-louisiana-based-company/
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