Latshaw Drilling Company, LLC
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Latshaw Drilling Company, LLC - overview
Established
1981
Location
Tulsa, OK, US
Primary Industry
Oil & Gas
About
Based in Oklahoma, the US, and founded in 1981, Latshaw Drilling Company, LLC operates as a land drilling rigs and related equipment providing company for oil and gas explorations. In October 2022, the firm raised USD 41 million as an asset-based credit facility led by investor WhiteHawk Capital Partners. The firm as of October 2022 is led by its founder and President, Trent Latshaw and some of its clients are Goodrich Petroleum Corporation, Atlas Resource Partners, L. P.
, and SilverHill Energy Partners, LLC, to name a few. The company as of October 2022 operates a fleet of 41 land drilling rigs including NOV-designed AC Ideal Rigs, serving exploration and production customers in key U. S. basins including the Arkoma, Permian, and SCOOP / STACK basins.
Latshaw is focused on providing equipment, meeting the new requirements of high-capacity top drives, mud pumps, next-generation of AC Rigs, etc. The company plans to utilize its October 2022 funding to accelerate its refinancing, and restructuring, provide a sustainable capital structure to deliver quality services to its customers, and capitalize on the demand for drilling rigs.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
www.latshawdrilling.com
Total Amount Raised
Subscriber access only
Latshaw Drilling Company, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Latshaw Drilling Company, LLC | - |
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Latshaw Drilling Company, LLC - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member Board Of Directors | BM |
BM Board Member
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