West Face-owned CASA combines with Performance Energy Services
Calgary's Performance Energy Services Inc, a provider of well servicing, cementing and acidizing, has acquired CASA Energy Services Inc for an undisclosed amount. With the deal, Performance will own and operate 16 service rigs, four cementing and acidization units, and other related ancillary equipment located across Alberta. CASA was 100 percent owned by Canadian hedge fund manager West Face Capital. As a result of the acquisition, West Face will be the largest shareholder of Performance, which is led by President and CEO Scott Darling.
3 October 2016•2 mins read
