Mike
Well-Known Member
OKOTOKS, Alta. -- Mullen Group has entered into a Memorandum of Understanding with two northern business partners to provide oilfield services, transportation and logistics services in the Sahtu Settlement Area of the Northwest Territories.
Its partners include HCI Holdings and Red Dog Mtn. Contracting. The companies have agreed to jointly develop oil and gas fields in the region over the next number of years.
The MOU has resulted in the formation of Canol Oilfield Services, which will operate as a standalone company, with Mullen being a 45% stakeholder, the companies announced.
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Its partners include HCI Holdings and Red Dog Mtn. Contracting. The companies have agreed to jointly develop oil and gas fields in the region over the next number of years.
The MOU has resulted in the formation of Canol Oilfield Services, which will operate as a standalone company, with Mullen being a 45% stakeholder, the companies announced.
Full Story
