Centurion has expanded its Drilling, Completions, & Production (DCP) division with two acquisitions. G5S Energy Services, a frac stacks and valves technology company based in the US, and Osprey3 Ltd., an integrated manufacturing and rental company specializing in fluid filtration and waste management products, based in the UK. The transactions were funded through a combination of cash and equity.
G5S’s primary service offerings are the rental of high-pressure frac stacks supporting complex hydraulic fracturing operations and the provision of on-site, automated chemical dispensing units. Osprey3 provides water, waste and completion fluids products and services with various industry applications from their in Aberdeen, Scotland.