Southeast Directional Drilling announced March 22 in a press release that it has acquired the assets of Frontier Pipeline, a Minnesota-based horizontal directional drilling company. Financial terms of the acquisition were not disclosed.
“This acquisition represents the first of several anticipated capacity additions planned to meet the growing demands of our customers,” said Steve Ugrich, CEO of Southeast Directional Drilling. “We have great financial health and are well-capitalized, and look forward to continuing to broaden our capabilities and influence.”
Under terms of the agreement, Frontier Pipeline equipment, other key resources and personnel will be added to Southeast Directional Drilling. Frontier Pipeline CEO Dan Baillargeon will join the Southeast Directional executive team.
“I’m excited to join the Southeast team,” said Baillargeon. “I have known the people at Southeast for many years and have developed tremendous respect for their skilled delivery of critical services and their commitment to customer satisfaction. The combined resources and capacity of Southeast and Frontier will create a powerful company within the HDD market.”
“We are pleased to continue the rapid growth of Southeast Directional Drilling,” added Ugrich. “Adding the Frontier Pipeline rigs to the Southeast fleet will enable us to continue to provide the highest levels of service that our customers have come to expect. Bringing an effective, experienced operator like Dan to our leadership team will only further strengthen our offering to the HDD market.”
About Southeast Directional Drilling
Headquartered in Casa Grande, Ariz., Southeast Directional Drilling (www.southeastdrilling.com) is a national leader in providing specialized underground horizontal drilling services to the oil and gas, municipal water and telecom industries. The company has developed highly specialized equipment and technology enabling them to provide consistent, dependable services for pipeline installation and maintenance in environmentally and ecologically sensitive areas and under existing man-made infrastructure.
About Frontier Pipeline
Founded in 2002 by Dan Baillargeon, Frontier Pipeline (www.frontierpipeline.com) has established itself as an experienced and capable directional drilling company. The company’s drilling rigs are capable of 100,000 ft-lbs of rotary torque and 1M lbs of pullback force, and can bore virtually all subsurface conditions. Frontier has completed pipe installments of up to 48 in. in diameter and over 4,000 ft in length. Recent projects of note include two parallel crossings for the installation of 48-in. pipelines for the Connecticut Department of Transportation and a major sewer construction project in the city of White Bear Lake, Minn.