CPI Acquired by CCS to Expand Service Offerings to Customers
October 6, 2010
Williston, ND, October 6, 2010 - Crude Processing Inc. (CPI) is pleased to announce effective September 1 it was acquired by CCS Midstream Services LLC, a division of CCS Corporation.
"After 30 years of operating independently, we are excited about becoming a member of the CCS team," said Dale Branson, who co-owns CPI with Jim Davenport. "CCS Corporation started in Canada 25 years ago and has expanded across North America providing integrated oilfield waste management, well servicing and environmental solutions to the energy industry. We believe CCS shares our values and we will continue to provide the high levels of customer service, and commitment to safety that you have come to expect from CPI."
CCS recognized the outstanding reputation of CPI and is pleased to be bringing their skills and expertise under the CCS umbrella.
"We are pleased to have CPI join the CCS family," said John Gibson, President and CEO, CCS Corporation. “We needed a strategic foothold in the Bakken and the CPI team represented a premier service platform. We felt that platform gave us the opportunity to pull through our suite of solutions which will be a large benefit to the operators in the Basin. We are delighted the CPI team is committed to being a part of CCS and willing to lead our efforts in the region. I look forward to working with Dale."
Terms of the transaction were not disclosed.
About CCS Corporation
CCS Corporation is a recognized industry leader providing integrated, environmentally responsible solutions in North America. Headquartered in Calgary, AB, and Houston, TX, CCS has almost 2,600 employees and provides a diverse number of services across three divisions. CCS Midstream Services provides oilfield waste treatment, recovery and disposal (TRD) through a network of facilities. This includes TRD facilities, engineered landfills and disposal caverns. HAZCO Environmental Services offers integrated remediation, waste management, NORM management and decommissioning solutions. Concord Well Servicing manages well completions, workovers and abandonments with a fleet of 139 service rigs. Additional integrated services include regulatory compliance expertise, inactive well management, well and pipeline abandonments, oilfield equipment rentals, metals recycling and geotechnical and environmental drilling. For a complete list of services and companies operating within CCS Corporation, please visit www.ccscorporationusa.com.
About CPI
Crude Processing Inc. (CPI) has been serving the Williston Basin since 1980. CPI offers a full line of oil drilling and production services from waste oil processing to hot oil service to equipment cleaning, rental and sales. CPI specializes in the disposal of unsaleable crude oil, frac heating services, pressure testing, propane hauling, remediation, steam cleaning, tank cleaning, and roll off container rentals. For more information, visit www.crudeprocessing.com.
For additional information contact:
Shauna Lowry
Corporate Communications Manager
CCS Corporation
(403) 988-5255