Two State Oilfield

Two State Oilfield, Inc.Business Description: Two State Oilfield is one of the leading providers of water containment, storage and management services to oil and gas producers in the Permian Basin.

Challenge: The owner desired to sell the business. However, he had previously attempted to obtain interest from buyers, but was unsuccessful.

Solution: The owner engaged Wilcox Swartzwelder & Co. to create and manage an auction sales process to solicit a number of credible buyers for which the Company had a strategic fit. WS&Co aggressively solicited interest from a number of qualified buyers, negotiated favorable terms Frac Tank Rentals (sponsored by Lone Star Investment Advisors and Venquest Capital Partners) and successfully closed the transaction.

Transaction Demonstrates: Another example of Wilcox Swartzwelder & Co.’s deep industry knowledge, transaction execution expertise and its ability to move fast.

Wilcox Swartzwelder & Co. provides energy investment banking in Hobbs, New Mexico.

See Press Release.

 

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