HOUSTON, Aug. 4, 2008 (PRIME NEWSWIRE) -- Stallion Oilfield Services Ltd. announced today that it has closed on two acquisitions -- Mile High Oilfield Services, Inc. on June 30th and J-M Oil Company, Inc. on July 31st. Mile High is located in Vernal, Utah, and expands the company's workforce accommodations business currently servicing the Piceance, Uinta and Paradox Basins of Utah and Colorado. J-M, based in Paris, Ohio, gives Stallion entry into the expanding Marcellus Shale. The company also announced the opening of a sales office in Pittsburgh, Pennsylvania.
"We're very excited about operating in these two areas," stated Craig Johnson, Stallion's CEO. "Our customers have requested that we begin offering services in both regions. Mile High is a natural expansion for our existing Wyoming and Colorado operations. However, having a base of operations in Vernal will enable us to be more responsive to our customers in the nearby expanding basins. David Morton, former owner of Mile High, will stay on with the company. J-M was a great opportunity for us to begin offering production services to operators in the Marcellus Shale area. Mark Wimsatt will remain with the company and his experience in this burgeoning play will prove invaluable. We are also manufacturing some customized equipment for the area to expand our service capability."
About Stallion
Stallion Oilfield Services Ltd. provides wellsite support services and production & logistics services to the oilfield with 2,800 employees in 72 locations. Our range of critical wellsite services include onshore and offshore workforce accommodations and remote camp complexes, surface rental equipment, solids control, communication services, wellsite construction, rig relocation, heavy equipment hauling, fluids handling and logistics. Stallion's Everything but the Rig(sm) product offerings are designed to improve living and working conditions, safety, and our customers' productivity at the wellsite. Stallion is headquartered in Houston, Texas and delivers products and services in the South Texas, Gulf Coast, Ark-La-Tex, Ft. Worth Basin, Permian Basin, Mid-Continent, Alaska's Prudhoe Bay and Rocky Mountain regions as well as to the global offshore industry.
Please find additional information at the Company's web site: www.stallionoilfield.com