Vertex Acquires Fluid Management and Logistics CompaniesPosted On September 1, 2015
Vertex is pleased to announce that it has acquired Ignite Energy Services Ltd. (“Ignite Energy”), Glacier Ridge Ventures Ltd. (“Glacier Ridge”) and Tar Energy Services (“TAR”). These companies provide fluid production hauling and management services, and operate vacuum trucks, pressure trucks, hydro-vac trucks, steam trucks and water trucks.This acquisition will expand the depth of Vertex’s Oilfield Services Division by creating a new Fluid Management & Logistics service offering, as well as broaden the breadth of Vertex’s Environmental Consulting and Safety & Medical Divisions.
This acquisition expands Vertex’s geographical presence with new office locations in Valleyview, Rycroft, Swan Hills, and Whitecourt, Alberta. This acquisition will greatly enhance Vertex’s already well established emergency spill response, drilling waste, and remediation services, in addition to enlarging Vertex’s surface rental fleet.
Terry Stephenson, President of Vertex stated: “We welcome the Ignite Energy management team and staff to Vertex and look forward to working with them to strengthen Vertex’s service offerings in Northwestern Alberta and Northern British Columbia.”
Brian Butlin, Chairman & CEO of Vertex stated: “Producers are looking for ways to lower costs in today’s difficult market and by bundling services in a meaningful geographical footprint, Vertex will be able to help them accomplish this goal.”
Established in 1976, Vertex is a leading North American provider of environmental and industrial services. With over 40 years of expertise, Vertex helps clients achieve their development goals through our versatile suite of services. From the initial site selection, consultation and regulatory approval, through the construction, operation and maintenance phases, to conclusion and environmental cleanup, Vertex offers a diverse range of services throughout the life cycle of our clients’ projects.
Vertex serves clients in the oil and gas, oilsands, petrochemical, renewable energy, utilities, agriculture, forestry, drilling, midstream, mining, aggregate and municipal sectors.
Vertex Resource Group Ltd. Reports First Quarter 2022 Results
May 11, 2022
Modern West Climate Finance Group and Vertex Resource Group Announce Integrated Joint Venture to Accelerate the Development of Atmospheric Carbon Removal Projects.
May 5, 2022
Vertex Completes Acquisition of Cordy Oilfield Services
Apr 25, 2022
Vertex Resource Group Ltd. Reports Fourth Quarter and Fiscal 2021 Results
Mar 22, 2022
Vertex Closes $15,000,000 Convertible Debenture Financing
Mar 7, 2022
Vertex Signs Amalgamation Agreement With Cordy Oilfield Services And Announces Concurrent Financing
Feb 25, 2022