Wood Group completes acquisition of Mitchells Oil Field Services

12th Oct 2012 08:16

Wood Group, the international energy services company, has completed the acquisition of Mitchells Oil Field Services.As previously announced, the $135m acquisition significantly increases the company's presence in the US Bakken shale region and is expected to be earnings-enhancing from completion. Further earn out payments are due in the period to 2015, depending on the future performance of Mitchell. NR