HOUSTON – May 26, 2017 – Boots & Coots, a Halliburton service (NYSE:HAL), is pleased to announce that it has entered into a contractual arrangement with Capstone Blowout Recovery (Calgary, Canada), for the companies to work together to provide first responder and well control services for Boots & Coots customers throughout Canada. By working together with Capstone, Boots & Coots will be able to bring initial incident response to the Canadian market provided by Canadian nationals, using Canadian equipment, from a Canadian base of operations to help create efficiencies in response time.
This arrangement will also support the services provided under the Boots & Coots WELLSURE® insurance program provided by Lloyd’s of London/Global Special Risks. Initiated in 1997, the WELLSURE® program is the product of a special arrangement between Boots & Coots Services, Global Special Risks, a leading international Managing General Agent, and Underwriters at Lloyd's of London. The result is a unique bundled package that includes a full range of Boots & Coots' well control prevention and post-response services as part of clients' OEE insurance package.
Dwight Bulloch, president of Capstone Blowout Recovery states, "This arrangement is created so our companies can work together to provide Canadian oil and gas companies access to a local well control and blowout recovery service with experienced people, the right tools to help, and the valued strength of a premier international well control and prevention service provider."
By teaming up with Capstone, Boots & Coots is focused on providing customers in Canada faster response times from the most experienced well control and prevention specialist in the world. “By working together, we have expanded our ability to respond quickly to our customers’ needs in Canada in any type of pressure control situation”, said Douglas Derr, strategic business manager of Boots & Coots Services.
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 50,000 employees, representing 140 nationalities and operations in approximately 70 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir - from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company's website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, and YouTube.
About Capstone Blowout Recovery
Formed in 2016, Capstone Blowout Recovery, a division of Capstone Oilfield Services Ltd., is an Alberta based company specializing in blowout recovery services. They have the experience and equipment to assist operators in well control emergencies. Visit the company’s website at www.capstonebr.com.
Halliburton, Investor Relations
Halliburton, Industry Communications