Western oilfields trucking company purchased
CALGARY, Alta. – Latigo Trucking Ltd. has a new owner.
The Brooks, Alberta-based company that provides trucking and picker/crane services to the oil and gas industry has been purchased by Maverick Oilfield Services Ltd. Maverick is a mechanical construction and transportation services provider for the upstream oil and gas industry in Western Canada.
Although Maverick now controls all Latigo shares, it will allow the trucking company to continue using its old name.
Murray Wozniak is co-owner of Latigo, along with Wayne Anderson, and he said continuing the Latigo’s original branding means a lot.
“Wayne and I are thrilled that Maverick will continue operations under the Latgio name. After owning and operating Latigo for 20 years, Maverick gave us the opportunity to hand over the reins to a company with a shared commitment to growth. Maverick’s continuity in operations will significantly benefit our customers, management and staff. Their leadership team has the experience and business ethics to provide Latigo continued development in a vibrant oilfield market.”
Mike Schnell, president and founder of Maverick added, “Wayne Anderson and I grew up together in the HBOG Cessford camp over 50 years ago and operated gas plants and compressor stations in the Suffield Block at the same time. Wayne and Murray have built an exceptional company, and it is our commitment that Maverick will continue to build on their solid reputation.”
The Latigo purchase is unlikely to be Maverick’s last.
“As Maverick looks to further strengthen its transportation business segment, the opportunity to add Latigo to our portfolio of companies enhances our growth strategy. Finding a transportation company with similar values made this combination move forward with ease. Latigo enables Maverick to focus on building this segment of our business, as we continue to execute our strategy to become a leader in the industry,” said Maverick CEO Chris Challis.
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