PPHB

vikingct

Viking Coil Tubing has been acquired by Conquest Completion Services, a portfolio company of Warburg Pincus


Viking CT.PNG

Viking Coil Tubing, LLC (“Viking”)

Viking Coil Tubing, LLC provides coil tubing, pump-down, nitrogen and thru tubing services to customers across the Permian and Anadarko Basins. Viking owns a diverse fleet of coil tubing units that includes conventional and high capacity units, enabling the Company to provide remedial production intervention and deep, extended reach horizontal completion services. Viking was founded in 2011 and is headquartered in Odessa, Texas.

Conquest Completion Services, LLC (“Conquest”)

Conquest Completion Services, LLC provides coil tubing services and completion fluids to its customers in the West Texas, South Texas, New Mexico and Oklahoma oil and natural gas markets. Conquest was founded in 2014 and is based in Bossier City, Louisiana, with additional locations in Midland, Texas and Pleasanton, Texas.

Warburg Pincus, LLC (“Warburg Pincus”)

Warburg Pincus, LLC is a leading global private equity firm focused on growth investing. The firm has more than $44 billion in private equity assets under management. The firm's active portfolio of more than 150 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 17 private equity funds which have invested more than $60 billion in over 800 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai and Singapore.

PPHB, LP (“PPHB”)

PPHB is an independent investment banking firm providing financial advisory services exclusively to clients in the oilfield equipment and service industry.