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UTI Energy

1986 FOUNDED
M&A STATUS
1K-5K EMPLOYEES
Merger of Eq. LATEST DEAL TYPE
2 FINANCING ROUNDS
Description

Provider of onshore contract drilling services. The company is engaged in providing oil and natural gas drilling services for energy exploration in Louisiana, New Mexico, Oklahoma, Texas, and western Canada.

Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Primary Industry
Energy Production
Primary Office
  • 16800 Greenspoint Park Drive
  • Suite 225 North
  • Houston, TX 77060
  • United States

UTI Energy Valuation and Funding

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

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UTI Energy Executive Team (2)

Name Title Board
Seat
Contact
Info
Vaughn Drum Founder, President & Chief Executive Officer
John Vollmer III Chief Financial Officer