Company Highlights

May 31, 2016

STEP Energy Services Announces Close of Strategic Transaction

Calgary, AB (May 31, 2016) – STEP Energy Services Ltd. (“STEP” or “the Corporation”), an ARC Financial Corp. sponsored company, announces that the transaction to purchase the Canadian pressure pumping, coiled tubing and nitrogen assets of Sanjel Corporation (“Sanjel”) has closed. The acquisition positions STEP as the largest private completion services company in Western Canada.  

About STEP
Headquartered in Calgary, Alberta, STEP Energy Services is a privately owned, technically focused, oilfield service company providing specialized coil tubing and pressure pumping services to the deep, horizontal well market in Western Canada. The Corporation’s US division provides coiled tubing services to producers in the Permian Basin and Eagle Ford shale in Texas.

For more information:

STEP Energy Services Ltd.
Janet Waye, Communications Advisor
jwaye@step-es.com | 403.471.5828