Total Directional Services Announces Acquisition of Tally Energy Services' Northeast Operations

HOUSTON, September 25, 2023 (Newswire.com) - Total Directional Services, LLC., a leading provider of innovative drilling and directional services, is thrilled to announce the strategic acquisition of Tally Energy Services's Northeast Operations. The transaction will be completed on September 25, 2023.

This acquisition represents a significant milestone in Total Directional Services' mission to enhance our service offerings, expand our footprint, and deliver even greater value to our clients in the energy sector.

Tally Energy Services has built a strong reputation for delivering cutting-edge technology and expertise in drilling and completions. With the addition of Tally Energy Services' Northeast Operations, Total Directional Services is poised to further strengthen its position as an industry leader in the directional drilling market.

"This acquisition is a testament to our commitment to providing top-tier directional drilling services to our clients," said Nathan Koshman, CEO/President for Total Directional Services. "Tally Energy Services has an exceptional team. We are excited to welcome their talented employees and integrate their expertise into our operations." The acquisition aligns perfectly with Total Directional Services' strategic growth plans. It will enable the company to offer a more comprehensive suite of services to its clients across the Northeast region. It will also enhance the company's ability to address the evolving needs of the energy industry.

As part of this acquisition, Total Directional Services will take over Tally Energy Services' NE facilities, equipment, and intellectual property, further enhancing its capabilities in providing innovative and cost-effective solutions to its clients.

"We are confident that this acquisition will bring about a new era of growth and excellence for Total Directional Services," said Nathan Koshman. "We remain dedicated to innovation, safety, and the highest service quality standards. This strategic move strengthens our ability to serve our clients with industry-leading performance and positions us for sustained success."

Total Directional Services would like to thank its employees, clients, and partners for their ongoing support and trust. Total looks forward to leveraging this acquisition to continue delivering superior directional drilling services to all their operators in every major U.S. Basin.

For more information about Total Directional Services and its comprehensive range of services, please visit www.totaldirectional.com.

About Total Directional Services:

Total Directional Services is a leading MWD and directional drilling service provider. With a commitment to innovation, safety, and customer satisfaction, Total Directional Services delivers reliable solutions tailored to its clients' needs.

Disclaimer: Any statements in this press release that are not statements of historical fact, including statements regarding the expected benefits of the acquisition, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Source: Total Directional Services