Stallion Expands Existing Footprint in Mid-Continent
Stallion acquired the assets of Trail Blazer Hot Shot, Inc. (Elk City, Oklahoma). With service locations in Elk City, Canadian, and Chickasha, Trail Blazer has been a leading provider of surface equipment rental services for the major Oklahoma basins. Assets include over 120 forklifts and man-lifts, 40 generators, and a variety of other surface rental equipment.
The Oklahoma acquisition complements Stallion's current rig housing operations in Elk City. With this acquisition, Stallion will be able to serve the Texas panhandle, Fayetteville Shale, and other plays of the Arkoma and Anadarko Basin with a comprehensive service offering.
Hill Dishman, Stallion's chief operating officer, commented, "Trail Blazer comes with a great management team and a large inventory of surface rental equipment. We are planning to integrate our current rig housing services with Trail Blazer's inventory along with our newly launched remote communications services. Our customers continue to request an integrated package of services at the drill site. Trail Blazer supports our strategy of providing Everything but the Rig in the Mid-Continent region."
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