Weatherford acquires American Casedhole Specialists and ACE Crane & Equipment

By the OGJ Online Staff

HOUSTON, Aug. 24 -- Weatherford International Inc. acquired the assets of American Casedhole Specialists Inc. and ACE Crane & Equipment Co.

Financial terms were not disclosed.

American Casedhole Specialists provides cased hole wireline services particularly in deep, high pressure/high temperature wells. The acquisition will help expand Weatherford�s Well Intervention Services unit.

The addition of Ace Crane brings 36 ton cranes and 15,000 psi, H2S high pressure lubricators.

The acquisition incorporates facilities in Robstown, Tex., and Weatherford, Okla.