Greene's Energy Group acquires Guardian assets

Greene’s Energy Group has acquired the assets of Guardian Wellhead Services Inc., Guardian Pipe & Rentals LLC, and the legal entity of Guardian WP LLC.

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HOUSTON – Greene’s Energy Group has acquired the assets of Guardian Wellhead Services Inc., Guardian Pipe & Rentals LLC, and the legal entity of Guardian WP LLC.

The acquisition will establish two new Greene’s Energy Group divisions and increase the company’s presence to 35 locations in the United States. Guardian Wellhead Protection & Rentals, headquartered in Odessa, Texas, and managed by Adam Doyle, will offer casing and tree saver services and a variety of well intervention rental equipment.

Greene’s Well Testing Services, located in Alice, Texas, and managed by Randy Winters, will offer well testing and flowback services. The two new divisions will report to Frank Mathews, president of Greene’s Rentals and Products Business Unit.

Guardian, founded by Murray Erickson in 1993, is headquartered in Odessa, Texas. Erickson will remain with the company as a special projects consultant. Guardian and its affiliates offer casing and tree saver services, well testing and flowback services, oilfield rental equipment and other well intervention support. In addition, Guardian has a machine shop that manufactures custom equipment.

Acquired assets include flowback and well testing equipment, frac headers, frac manifolds, associated frac piping and wellhead valves, on‐site man lifts, tubing, tubing BOPs, light plants and 10 locations throughout West Texas, South Texas, New Mexico, and Oklahoma.

12/21/2011

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