Commander Drilling Technologies (CDT) is pleased to announce its
formation as the leading provider of turnkey drilling and completion
services in the Gulf of Mexico.
With a distinguished management team, the newly formed company fills a
unique industry niche, particularly for independent producers; no one
else offers turnkey drilling services in the Gulf of Mexico. A 30-year
history in the region helps support that expertise.
CDT management is led by Stephen Morrison, an experienced and respected
executive in the offshore turnkey industry. Mr. Morrison was previously
employed by Applied Drilling Technologies Inc. (ADTI), a subsidiary of
Transocean (NYSE:RIG), from 1996-2012; he led ADTI as President from
2007-2012. Mr. Morrison will be supported by a highly skilled team that
has years of experience in the offshore turnkey market.
According to Mr. Morrison, “I am excited to be part of this new company
that is bringing back turnkey drilling and completion services to the
Gulf of Mexico. Our entire team looks forward to once again drilling
wells for our supportive group of clients.”
Global Energy Capital LP (“GEC”), based in Houston, Texas, will invest
alongside CDT’s management team.
About Commander Drilling Technologies LLC
Commander Drilling Technologies is a Houston-based company that will
perform oil and gas drilling, testing and completion services on either
a turnkey or project management basis for exploration and production
companies working offshore in the U.S. Gulf of Mexico. Visit CDT’s
website at www.CommanderDrilling.com
About Global Energy Capital LP
Global Energy Capital is a private equity firm focused on investing
growth capital in energy service companies. GEC invests equity in
companies providing oil and gas drilling and production services,
equipment manufacturing, transportation, logistics and related services
and technologies. Visit GEC’s website at www.GlobalEnergyCapital.com
Copyright Business Wire 2013