Hillcore acquires oil and gas well services provider Treeline

Canadian private investment firm Hillcore Group has acquired Treeline Well Services Inc, a Calgary-based provider of oil and gas well service rigs. Terms weren't released for the deal, which saw Hillcore partner with the company's senior management team, including President Dan Bryson. Founded in 1997, Treeline supplies service rigs to energy companies operating primarily in the northern regions of Alberta and British Columbia. It currently has a fleet of 23 rigs. Hillcore said it will work with Treeline as it looks to build its fleet through an aggressive capital expenditure and acquisition plan.

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