Going forward, all Strad operations (i.e. Strad Rentals, Strad Compression, etc.) will operate under the Strad Energy Services banner within one of these two divisions.
Our Drilling Services division consists of: equipment rentals, transport, downhole, matting and manufacturing operations. All of these businesses support our customers in primarily drilling and exploration activities.
Our Production Services division consists of: production equipment, power generation, compression manufacturing and service, electrical and instrumentation services, and structures. Together, this division is focused on supporting customers as they bring their resources to market.
The structural shift better reflects our operations, common industry terminology, and additionally unifies and simplifies the explanation of Strad operations to customers, employees and key stakeholders.