Hastings Equity invests in energy services companies where we can leverage the experience and talents of our professionals, limited partners and active investments.
American Well Service
Headquarted in Washington, PA, American Well Service provides containment and closed loop solids control to exploration and production companies throughout the Marcellus and Utica Shales. American Well Service is the second add-on acquisition for Extreme Plastics Plus.
Elite Treating Solutions
Headquartered in Midland, TX, Elite Treating Solutions provides production chemicals and services to exploration and production companies in the Permian Basin. Elite Treating Solutions is the first add-on acquisition for WadeCo Specialties.
Extreme Plastics Plus
Headquartered in Fairmont, WV, Extreme Plastics Plus ("EPP"), provides environmental solutions for fluid and waste containment. Founded in 2008, EPP provides the Marcellus, Utica, Eagle Ford, Permian and Mid-Continent regions.
Headquartered in Yorktown, TX, Select Chemicals (dba Select Technologies) provides production chemicals and services to exploration and production companies throughout the Eagle Ford Shale. Select Technologies is the second add-on acquisition for WadeCo Specialties.
Southern Petroleum Laboratories
Headquartered in Houston, TX, and founded in 1944, SPL provides a complete array of services necessary for the accurate measurement of volume and composition of hydrocarbon products for the oil & gas production industry.
Founded in 2009, Three Amigos is based in Hobbs, NM and installs water containment systems for drilling and completion activities in the Permian Basin. Three Amigos is the first add-on acquisition for Extreme Plastics Plus.
Headquartered in Midland, TX, WadeCo Specialties is an oilfield production chemical company that formulates, blends and distributes chemicals to oil and gas production companies to support drilling, completion and production activities throughout the Permian and Delaware Basins.
Danlin Industries (Exited)
Danlin Industries, Inc. provides oilfield chemicals for drilling, production and transportation of oil and natural gas. The company has more than 35 locations throughout the United States and is headquartered in Thomas, Oklahoma.
Fluid Management Holdings (Exited)
Fluid Management Holdings is a leading independent provider of oilfield fluid management services in Western Oklahoma and the Texas Panhandle. The Company provides frac flowback, fluid hauling and disposal services to some of the leading E&P operators in the Granite Wash, Cana Woodford and Canyon Wash.
Foster Testing (Exited)
Foster Testing provides acidizing services to E&P companies throughout the Granite Wash and Woodford shale plays. Foster has been operating from its Perryton, Texas headquarters for more than 35 years.
Quality Aircraft Accessories (Exited)
Quality Aircraft Accessories, Inc. ("QAA") is a leading supplier of accessory parts to the general aviation aircraft industry. QAA repairs and refurbishes aircraft engine components, such as generators, magnetos, fuel and hydraulic pumps, and turbo chargers, in addition to selling new OEM parts as a stocking distributor. QAA has a Class 1 & 2 FAA license as well as EASA approval allowing it to repair and service all mechanical, hydraulic, and electrical accessories for all aircraft types. QAA's headquarters and operations are located in Tulsa, Oklahoma. Quality Aircraft Accessories was sold to BOK Financial Capital Corporation in August 2012.
Taylored Services, Inc. (Exited)
Taylored Services, Inc. ("TSI"), headquartered in Edison, NJ, is a third-party logistics outsourced warehousing and distribution services company. TSI operates warehouses on the East and West Coast serving the ports of Newark and Long Beach where many of its customers import their products from Asia and Europe. TSI uses advanced information technology to communicate real time with its customers and their retail partners to ensure accurate, timely, and cost effective distribution solutions. TSI has been sold to Saybrook Corporate Opportunity Funds in November 2012.
Advanced Precision Products (Exited)
Advanced Precision Products is a leading manufacturer of highly engineered metallic and non-metallic products for the medical, aerospace, automotive, oil and gas, military and commercial industry. Headquartered in Palmer, Massachusetts. Advanced Precision Products possesses a strong diverse in house manufacturing capability
Phoenix Optix (Exited)
Phoenix Optix designs and manufactures a broad range of high performance fiber optic components for the optical network market. Its headquarters and primary manufacturing operations are located in Pawcatuck, Connecticut. Phoenix Optix was sold to management in February 2006.
Tannin Energy Services, Inc
Tannin Energy Services, Inc is a leading rotating equipment service and supply company, providing a full range of sales, operations, maintenance, design, and fabrication services to natural gas producers gathering systems, pipelines, refineries and petrochemical operations. Tannin specialize is serving both the onshore and offshore markets out of its headquarters in Broussard, Louisiana.
R.L. Drake (Exited)
R.L. Drake, LLC is a manufacturer of video signal modulation and transcoding equipment for cable television (CATV) headends. Headends are the primary network equipment that receives the core broadcast signal and converts and allocates the signal over different channels for distribution to end viewers. R.L. Drake sells headend equipment to CATV equipment distributors, systems integrators, CATV buying co-ops, service providers, and telephone companies. R.L. Drake's headquarters and primary manufacturing operations are located in Franklin, OH. R.L. Drake was sold to Blonder Tongue Laboratories, Inc. (AMEX:BDR) in February 2012.
Seacon Phoenix (Exited)
Seacon Phoenix is a leading designer andmanufacturer of cables and connectors used in underwater and harsh environment applications. Its products are used on nuclear submarines and surface ship applications for hull penetration and device connectivity in addition to deep water oil & gas exploration and production. Seacon's headquarters and primary manufacturing operations are located in Westerly, Rhode Island. Seacon Phoenix was sold to Ametek Inc. (NYSE:AME) in April 2007.