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Announced

Completed

Pelican Energy Partners completed the acquisition of Noralis for $20m.

Synopsis

Pelican Energy Partners, a private equity fund, completed the acquisition of Noralis, an independent provider of transformational MWD technology, for $20m. The additional capital investment in Noralis facilitates further acceleration of new product development. Noralis will continue to operate independently as a wholly owned subsidiary within the broader Gordon platform.

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