The aggregate consideration paid at closing consisted of cash of
Going forward, ENTREC’s operations will now be focused on the following businesses in 2020:
- Continuing to provide a full spectrum of crane and heavy haul transportation services in
the United States through its locations inNorth Dakota ,Colorado, Texas andWyoming . This includes ENTREC’s recent expansion intoWilliston, North Dakota inNovember 2019 ;
- Providing oilfield transportation and picker truck services throughout
Alberta and North-eastBritish Columbia through its investment inENT Oilfield Group Ltd. andCapstan Hauling Ltd ; and
- Providing specialized heavy haul transportation services throughout
Western Canada .
About ENTREC
ENTREC is a heavy haul transportation and crane solutions provider to the oil and natural gas, construction, petrochemical, mining and power generation industries. ENTREC is listed on the TSX under the symbol ENT.
For further information, please contact:
Telephone: (780) 960-5625
Telephone: (780) 960-5630
www.entrec.com
Source:2020 GlobeNewswire, Inc., source