CCS Corporation continues to grow, provide environmental solutions to major American oil plays
CALGARY, July 22, 2011 /PRNewswire/ - CCS Corporation continues to grow its energy and environmental services in two of the most prominent oil plays in the United States with the acquisition this week of two U.S.-based oilfield service companies.
CCS Corporation purchased Venture Oilfield Service Inc. of Tioga, North Dakota and Southwest Disposal Service Inc. of Odessa, Texas. Financial details were not disclosed. These acquisitions position CCS to expand its services in the Bakken and Permian plays respectively.
"With these acquisitions, CCS continues to grow as the largest provider of innovative energy and environmental solutions to the oil and gas industry in North America," said John Gibson, CCS Corporation Chief Executive Officer. "We are growing rapidly across the continent to provide industry with a full range of solutions from exploration to abandonment to allow for the sustainable and responsible development of our natural resources."
"I look forward to welcoming our newest employees and integrating them into the CCS team."
All 52 employees from the two companies will become part of the CCS team. The two companies will operate under the CCS brand.
Venture provides CCS with an additional base to service clients operating in the northern portion of the Bakken play. CCS will now be one of the leading providers of hot oil services and frac water heating in North Dakota.
Southwest Disposal Services allows CCS to enter the Permian Basin market with waste treatment services and an exploration and production (E&P) waste landfill. The Permian Basin is the most active play in North America with more than 443 active drilling rigs.
CCS Corporation is North America's largest provider of integrated environmental services to the oil-and-gas sector. Based in Calgary, Alberta, the privately-held company has more than 3,000 employees with operations across Canada and the United States. Through four major operating divisions, CCS provides customers with a unique, integrated proposition that addresses environmental and waste management issues throughout the oil-and-gas lifecycle, from exploration to abandonment. CCS delivers its comprehensive portfolio of innovative environmental and waste management services through a network of state-of-the-art facilities and an extensive array of specialized assets.
SOURCE CCS Corporation
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