Tango Delta Rentals Ltd. Acquires Rig Matting Assets from Under Pressure Contracting Ltd.

Tango Delta
Sep 9, 2018 · 1 min read

Sept. 8th, 2018

Tango Delta, a leading Communications Rental Company in Central Alberta announces the acquisition of Under Pressure Contracting Ltd. Rig Matting Assets.

“Diversifying our equipment will help boost sales and cross sell services to our growing customer base” mentions Tyler Guest, one of the founders of Tango Delta. “We really want to take advantage of the increase in drilling activity throughout the southern Duvernay Formation, including Drayton Valley, Rocky Mountain House, Red Deer and Three Hills areas. These assets will help compliment our other services; communication rentals, stadium lighting, cell towers and generators.”

One of the biggest Duvernay Shale M&A’s came earlier this summer with Baytex Energy Corp acquiring Raging River Exploration Inc. for $2.1 Billion. We are expecting more deals to transpire throughout 2019 as oil prices have improved from 61.19 earlier in the year to 71.08 as of Aug 31st, 2018.