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Park Energy completes acquisition of Bray Production Services


Published Dec 4, 2014
Park Energy Services, LLC

Park Energy Services, LLC has acquired Oklahoma-based manufacturer Bray Production Services, LLC in a move to better serve operators with low pressure and vapor recovery applications.

The sale, completed October 23, includes the transfer of Bray's operations personnel to Park Energy along with all revenue-producing assets - chiefly, a fleet of natural gas compressors more economically suited to operators that handle fewer than 50,000 cubic feet of gas per day (50 Mcf/d).

'We are excited to announce the closing of our acquisition of Bray Production Services, a respected manufacturer and fleet operator of Quincy-based compressor units,' Park Energy CEO Jonathan Mitchell said. 'The addition of Quincy reciprocating packages furthers our commitment to field-based optimization.'

Tags: LLC, Park Energy Services




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