READ Cased Hole Limited

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READ Cased Hole Limited - overview

Established

1990

Location

Aberdeen, -, UK

Primary Industry

Oil & Gas

About

Based in the UK, and founded in 1990, READ Cased Hole Limited, formerly known as Mountwest Acrobat Limited, operates as an oil and gas company that offers cased hole logging services. In December 2016, Norvestor acquired Read Cased Hole. READ Cased Hole explores, develops, and exploits oil and gas properties and does its oil and gas business in regions like Aberdeen, Texas, Alaska, Doha, and Oslo. The services offered by the company include well-integrity services, leak detection services, production logging services, reservoir evaluation services, correlation services, tool servicing, and logging engineer provision and training services.


Additionally, the company rents out to its clients products like calipers, radial bond tools, capacitance array tools, spinning array tools, and resistance array tools.


Current Investors

Read / Hydra Well Intervention AS

Primary Industry

Oil & Gas

Sub Industries

Equipment Rental & Leasing, Oil & Gas Equipment and Services

Website

www.readcasedhole.com

Company Stage

Merged

Total Amount Raised

Subscriber access only

READ Cased Hole Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
MergerCompletedHydra Well Intervention AS, READ Cased Hole Limited-
Secondary BuyoutCompletedREAD Cased Hole Limited-

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