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Marksman Ranging Technology

2013 FOUNDED
M&A STATUS
M&A LATEST DEAL TYPE
1 FINANCING ROUNDS
Description

Developer of technology for the oil & gas sector. The company provides technology in a variety of applications, such as infield drilling, collision avoidance and coal bed methane drilling. Its products include The Magnetic Ranging Tool, a system using magnetic ranging for the precision placement of wellbores; and the Marksman Synthetic Steering System, a real-time anti-collision technology for steering wells away from possible collisions on closely spaced, multi-well pads.

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Primary Industry
Other IT Services
Other Industries
Other Energy Services
Parent Company
Scientific Drilling International
Primary Office
  • Edmonton, Alberta
  • Canada

+1 (844) 000-0000

Marksman Ranging Technology Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Marksman Ranging Technology Executive Team (3)

Name Title Board
Seat
Contact
Info
Clinton Moss President & Co-Founder
Douglas Ridgway Ph.D Chief Scientific Officer & Partner
Troy Martin Vice President, Operations