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SPA Drilling

1983 FOUNDED
M&A STATUS
101-200 EMPLOYEES
Buyout/LBO LATEST DEAL TYPE
1 FINANCING ROUNDS
Description

Provider of oil and gas exploration services. The company is engaged in the provision of contract drilling services through the five gas drilling rigs and three oil drilling rigs that it owns and operates in Texas.

Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Energy Exploration
Other Industries
Oil and Gas Equipment
Acquirer
Primary Office
  • 7502 US Highway 277 South
  • Abilene, TX 79606
  • United States

SPA Drilling Valuation and Funding

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

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SPA Drilling Executive Team (2)

Name Title Board
Seat
Contact
Info
Cliff Smith President
Jim Mayfield Executive