Canadian Energy Services & Technology Corp (TSX:CEU, OTCQX:CESDF) that they have acquired the drilling fluids business assets of Mega Fluids Mid-Continent, LLC.
As quoted in the press release:
Established in 2007, Mega Mid-Continent is an Oklahoma-based private drilling fluids company that provides drilling fluid solutions for a number of leading oil and natural gas companies with a focus on the growing Mississippi Lime oil play.
CES’s President and CEO, Tom Simons, said:
We are acquiring a growing mid-continent drilling fluids company, with great customers, and excellent drilling fluids sales, technical and field personnel.