ATK Oilfield Transportation Inc.

ATK Oilfield Transportation Inc.

November 21, 2014 11:00 ET

ATK Oilfield Transportation Announces Closing of Streeper and Sons Trucking Acquisition

CALGARY, ALBERTA--(Marketwired - Nov. 21, 2014) - ATK Oilfield Transportation Inc. ("ATK" or the "Company") is pleased to announce that it has successfully completed its previously announced acquisition of Streeper and Sons Trucking Ltd. ("Streeper"), a company based in Fort Nelson, British Columbia. Streeper is led by John Streeper and has been actively involved in the oilfield transportation industry since 2003. The Streeper acquisition was funded by cash and the issuance of 533,000 ATK common shares.

"The Streeper name is synonymous with the Northwest Canadian oilfield transportation industry. The Streeper family roots in Fort Nelson, British Columbia are in their third generation," said Artie Kos, Chairman and CEO of ATK. "The support system available to our Northern B.C. Wonowon and Fort Nelson operations are greatly enhanced with the addition of John Streeper and his operations We welcome John and his team to ATK and are excited to further expand ATK's business".

About ATK Oilfield Transportation Inc.

ATK provides rig moving and other specialized transportation services to exploration, development and production companies operating in the Western Canadian Sedimentary Basin and in Texas. The Company was incorporated in 2010 to better serve the oil and gas industry's rig moving needs. ATK has 3 operating locations in Alberta, 2 in British Columbia and 1 in Midland, Texas.

For more information on ATK please see the Company's website at: www.atkoilfield.com

Contact Information

  • ATK Oilfield Transportation Inc.
    Alf Sailer
    Executive Vice President Corporate Development
    (587) 998-2475
    asailer@atkoilfield.com