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International Logging Inc &
Weatherford International Inc
Update Date: 11/18/08
Date Announced: 08/18/08
Value (million $USD): n/a
Status: Completed
TRANSACTION DETAILS
Date Announced08/18/08
Date Originally Announced08/18/08
FormatAcq. of AssetsAcquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Valuen/aAdvisor Feesn/a
SYNOPSIS
US - Weatherford International Ltd acquired International Logging Inc, a provider of logging and consulting services.
TARGET
NameInternational Logging Inc
IndustriesOil and gas field exploration services; Business consulting services, nec; Management consulting services
CityHouston
StateTX
NationUnited States
Incorporated inn/a
Public StatusPrivate
Business DescriptionInternational Logging Inc, located in Houston, Texas, provides surface logging, as well as formation evaluation and drilling related services. The company was founded in 1960.
AdvisorsLehman Brothers
Target Sales0.8 million U.S. Dollar
ACQUIROR
NameWeatherford International Inc (WFT)
IndustriesOil and gas field services, nec
CityHouston
StateTX
NationUnited States
Incorporated inDE
Public StatusPublic
Business DescriptionManufacture oil field tubular products and artificial lift equipment; provide marine drilling and work over services
AdvisorsNULL
Acquiror Sales8.59 billion U.S. Dollar
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