On October 25, 2018, Nine Energy Service Inc. announced that it has completed the acquisition of Magnum Oil Tools International, a market-leading downhole technology provider. As a result of this acquisition, Nine Energy is positioned to be one of the premier providers of completion-focused technology, helping its clients reduce risk in execution and conveyance capability.
Nine Energy Service, headquartered in Houston, Texas, is an oilfield services company that offers completion and production solutions within North America and abroad. The Company brings years of experience with a deep commitment to serving clients with smarter, customized solutions and world-class resources that drive efficiencies.
Osler, Hoskin & Harcourt LLP acted as Canadian counsel to support Kirkland & Ellis LLP. Osler’s team was led by Robert Lehodey (Corporate) and supported by Peter Glossop (Competition & Foreign Investment), Colena Der (Tax) and Shaun Parker (Employment & Labour).