As per the terms of the agreement, Frontier Pipeline equipment, other key resources and personnel will be added to Southeast Directional Drilling. Dan Baillargeon, CEO of Frontier Pipeline, will join the Southeast Directional executive team.
Steve Ugrich, CEO of Southeast Directional Drilling, said: ”This acquisition represents the first of several anticipated capacity additions planned to meet the growing demands of our customers. We have great financial health and are well-capitalized, and look forward to continuing to broaden our capabilities and influence.’
”Adding the Frontier Pipeline rigs to the Southeast fleet will enable us to continue to provide the highest levels of service that our customers have come to expect. Bringing an effective, experienced operator like Dan to our leadership team will only further strengthen our offering to the HDD market.”
Headquartered in Casa Grande, Arizona, Southeast Directional Drilling provides underground horizontal drilling services to the oil and gas, municipal water and telecom industries.