Trican Well Service Acquires Viking Energy of Australia
Trican Well Service Ltd. of Calgary announced that it has purchased Australia-based Viking Energy Pty Ltd. and its subsidiaries. Trican focuses on pressure pumping for customers involved in the exploration and development of oil and natural gas reserves. Viking Energy is a privately-owned enterprise based in Brisbane, Queensland, and provides cementing and environmental services in eastern Australia. Under the terms of the purchase, Trican is acquiring 100% of the shares and units of Viking Energy through its wholly-owned Australian subsidiary.