Oilfield service companies Performance Wellhead & Frac Components Inc. and Permian-focused Slingshot Supply Inc. have merged together, Pelican Energy Partners said Feb. 14.Pelican is the financial partner which supported the recapitalization and combination of the companies. The terms of the transaction weren’t disclosed.The combination is expected to provide a larger asset base spanning drilling, completion and production products across Arkansas, Louisiana, Oklahoma and Texas. The two companies will also continue to operate under their legacy names due to minimal geographic overlap, the release said.
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