Mason Dixon Energy, OGM Land and Percheron Announce Merger to Form a Nationwide Land Services Company
HOUSTON, June 28, 2012 /PRNewswire/ -- Three leading land services providers – Mason Dixon Energy, OGM Land and Percheron – announced today that the companies are merging to form Percheron LLC, the first fully-integrated land services provider capable of serving clients coast-to-coast. The combined organization will be headquartered in Houston, Texas but will have the geographic reach and staff capacity to serve the entire country through its team of over 1,000 highly skilled professionals working out of 43 offices in 17 states.
"Our clients with complex large-scale land projects are seeking land service providers with the capabilities to expertly manage all aspects of these projects," said Asa Bowers, CEO of West Virginia based Mason Dixon Energy. "This merger brings together market leaders with the necessary specialized expertise in land, right of way, surveying and environmental services to handle large-scale projects anywhere in the United States."
While the expanded service opportunities resulting from the merger are available to all clients immediately, each company will operate as a wholly owned subsidiary of Percheron LLC with leadership and client relationships remaining intact. For a transitional period, the companies will continue using their well-known, existing names, while leveraging opportunities for operational efficiencies and sharing resources and best practices.
"We're confident this merger will greatly benefit current and future clients as the best practices of each of these market leaders are combined," said Mike Fleniken, CEO of Simonton, Texas-based OGM Land. "This merger will allow for ongoing investment in people, systems, processes and new specialties, driving greater efficiencies, a deeper resource pool, access to more skilled workers and the ability to handle projects of all shapes and sizes from coast to coast."
The combined entity offers all of the expertise and strengths that currently define each of the individual companies, including the use of cutting edge technology, commitment to exceptional client service, and timely and efficient project management and execution. Percheron LLC will leverage the resources and best practices of each company to provide the highest level of service across an expanded, national footprint. Percheron LLC will be governed by a board of directors made up of current management from each of the companies in order to maintain consistency at the leadership level and ensure a smooth transition.
In addition to the benefits that clients will enjoy as a result of the merger, company executives also expect a substantial positive impact on the company's ability to continue to attract the industry's best and brightest employees and contract landmen.
"As a result of this merger, Percheron employees will enjoy new professional growth and advancement opportunities, access to best practices and high-level training, improved benefits and competitive compensation, as well as additional relocation opportunities due to a vastly expanded geographic footprint," said Trent Oglesby, CEO of Houston-based Percheron Acquisitions. "Percheron employees can also expect enhanced job stability as part of a larger, stronger organization focused on continued growth."
ABOUT PERCHERON LLC
Percheron LLC., (www.percheronllc.com) the first nationwide integrated land services provider, was formed out of the merger of three leading land services companies: Mason Dixon Energy, OGM Land and Percheron. Percheron offers specialized expertise in land, right of way, surveying and environmental services. Its team of over 1,000 professionals can manage and execute projects of any size, coast-to-coast.
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