Brian Zinchuk is editor and owner of Pipeline Online
Sanjel doing a cement job in southeast Saskatchewan in 2011. File photo
STEP Energy Services Ltd. and Sanjel Energy Services Inc. announced on March 9 the combination of their leading Canadian oilfield services companies, which will create one of the largest and most diversified oilfield services providers in Canada.
The transaction will also include Sanjel subsidiary Wayfinder Corp., a domestic proppant supplier that operates the Big Molly sand mine and transloading facilities in Alberta. The combined organization will benefit from a strong, vertically integrated service offering across well cementing, stimulation and completions, and proppant supply, enhancing its ability to deliver safe, reliable, and efficient solutions to clients across Western Canada, the press release said.
“This transaction will mark a huge milestone for STEP and for our combined organization,” said Steve Glanville, Chief Executive Officer of STEP. “By bringing together highly complementary businesses, experienced teams, and a commitment to safety and operational excellence, we will strengthen our ability to serve clients while positioning the company for long-term growth.”
The combined company will maintain the existing STEP, Sanjel and Wayfinder brands but will create a more diversified platform with expanded scale, operational flexibility, and technical capability, according to the release. It positions the company to support increasing activity across key resource plays, including the Montney and Duvernay, and to capitalize on continued momentum driven by LNG export development and broader production growth in Western Canada.
Murray Bickley, former Chief Executive Officer of Sanjel and now President of the combining organizations, said the focus remains firmly on people and clients. “This strategic combination is built on strong operational foundations and shared values. Our clients can expect the same high standards of safety, reliability, and service quality they have always received, now supported by a broader suite of integrated service lines.”
Throughout the integration process, the company said it will prioritize continuity of service, safety performance, and operational execution. Clients will continue to work with familiar teams while benefiting from enhanced service offerings and efficiencies enabled by the combined organization.
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