Newsco Acquires NuEra OilField Services in Calgary, Canada
The strategic acquisition of NuEra OilField Services Inc. by Newsco International Energy Services Inc. strengthens Newsco’s Canadian presence and further extends its operational capabilities within the competitive Canadian upstream environment. NuEra OilField Services is recognized as an experienced, innovative, safe and environmentally responsible service company in the drilling industry. Its Calgary-based management team brings substantial directional drilling experience to the Newsco team. By integrating the strengths of both companies, Newsco continues to move towards its goal of becoming a global market leader for Directional Drilling and MWD (Measurement While Drilling) technology.