Acquiring Company
Savanna Energy Australia
Acquired Company
Saxon Energy Services Australia Pty Ltd
Calgary
BrisbaneEnergyEnergyOil And GasDescription
Total Energy Services Inc. (TSX:TOT) has announced that its subsidiary, Savanna Energy Services Australia Pty Ltd., has entered into an agreement to acquire all of the shares of Saxon Energy Services Australia Pty Ltd. for US $37.0 million cash. The acquisition, expected to be completed in the first quarter of 2024, will increase the depth capacity of Savanna Australia’s drilling rig fleet, add experienced local personnel and expand Savanna Australia’s customer base.
Quick answer
Savanna Energy Australia is acquiring Saxon Energy Services Australia Pty Ltd, announced January 17, 2024. Savanna Energy Australia is based in Calgary, Alberta, Canada.
- How much did Savanna Energy Australia pay for Saxon Energy Services Australia Pty Ltd?
- The deal value was not disclosed.
- What does Savanna Energy Australia do?
- Savanna Energy offers contract drilling and well servicing services to our customers based in Canada, the US and Australia. Savanna offers potential employees a wide range of career opportunities as well as structured..
- Where are Savanna Energy Australia and Saxon Energy Services Australia Pty Ltd based?
- Savanna Energy Australia is based in Calgary, Alberta, Canada. Saxon Energy Services Australia Pty Ltd is based in Brisbane, Queensland, Australia.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Energy
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- VAALCO Energy, Inc. completes acquisition of Svenska Petroleum Exploration AB to expand its West African footprint (February 29, 2024)
- DNOW Inc. Announces Agreement to Acquire Whitco Supply, LLC (February 6, 2024)
- Apa Corporation To Acquire Callon Petroleum Company In All-Stock Transaction (January 4, 2024)
- CycleØ acquires Biogasclean to increase fully circular green gas production by capturing CO₂ (February 28, 2024)
- Enterprise Acquires Joint Venture Interests From Western Midstream (February 21, 2024)
- CLEAResult Acquires Leading Government Energy Sustainability Consultancy Energetics (February 15, 2024)
Who to call at Savanna Energy Australia, and when
When Savanna Energy Australia changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Savanna Energy Australia raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Savanna Energy Australia, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Savanna Energy Australia. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Savanna Energy Australia makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Saxon Energy Services Australia Pty Ltd?
Saxon Energy Services Australia Pty Ltd was acquired by Savanna Energy Australia, based in Calgary. The deal was reported on January 17, 2024. Savanna Energy offers contract drilling and well servicing services to our customers based in Canada, the US and Australia. Savanna Energy Australia is privately held and operates in Energy.
When did Savanna Energy Australia acquire Saxon Energy Services Australia Pty Ltd?
Savanna Energy Australia's acquisition of Saxon Energy Services Australia Pty Ltd was reported on January 17, 2024. Total Energy Services Inc. (TSX:TOT) has announced that its subsidiary, Savanna Energy Services Australia Pty Ltd., has entered into an agreement to acquire all of the shares of Saxon Energy Services Australia Pty Ltd. for US $37.0 million cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Saxon Energy Services Australia Pty Ltd do?
Saxon Energy Services Australia Pty Ltd. is an Australia-based company that owns and operates a fleet of 11 land drilling rigs, and 10 of which are currently marketed. It is privately held, operating in Energy, and is based in Brisbane.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.