Black Bay Energy Capital-backed ADS Services to acquire PowerChokes from Expro.

Black Bay Energy Capital-backed ADS Services, a pressure drilling company, agreed to acquire PowerChokes, a pressure control business, from Expro, an international oil and gas service company. Financial terms were not disclosed. "By combining the ADS platform with PowerChokes’™ unique sales footprint and intellectual property portfolio, Charlie and the team can provide the drilling market with fully integrated, lower-cost, and safer pressure control solutions. The combined ADS and PowerChokes™’ team will deliver the next step-change towards automated well control for the onshore US, offshore, and international markets," Tom Ambrose, Black Bay Partner.