CALGARY, Alta. — The Mullen Group Income Fund has closed the acquisition of Essential Energy Services Trust’s transport division, which includes its fluid hauling and oilfield transport business units.
Officials say these business units operate through a network of facilities strategically located in areas known for drilling activity and range from northeastern British Columbia and northern Alberta into central/southern Alberta and Saskatchewan. The fluid hauling business units acquired will operate as Cascade Services and JaCar Energy Services, both separate operating divisions of Cascade Energy Services L.P. The oilfield transport business units acquired will operate as Circle D Transport and Rentals, a division of Mullen Oilfield Services L.P., while Prime Oilfield Hauling, a division of Withers L.P. and Leachman Oilfield Trucking, a division of Withers L.P. Polege Oilfield Hauling, will now be operated under Withers L.P.
The operating results of all the acquired business units will be included in Mullen’s oilfield services segment. Ken Wagner, the chief operating officer of Essential, has accepted the position of president of Cascade Energy Services L.P.
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