Pelican Energy Partners
Pelican Energy Partners, established in 2011 and based in Houston, Texas, is a private equity firm specializing in strategic investments in small to mid-market energy service and equipment businesses. The firm focuses on companies within the energy, manufacturing, and related sectors, primarily in the United States and Canada. Pelican Energy Partners aims to invest in businesses with high growth potential, supporting their development through strategic guidance and operational expertise.
Top Stages
Past deals in North Dakota
Iron Horse Tools
Acquisition in 2023
Iron Horse Tools, LLC is a provider of rental tools and equipment specifically tailored for the oil and gas industry. Established in 2008 and headquartered in Corpus Christi, Texas, the company specializes in offering a range of products, including high-pressure control drilling chokes, hydrostatic test trucks, stabilizers, and rotating control devices. Its services are designed to enhance efficiency and safety during managed pressure drilling operations, catering to clients in South Texas, Louisiana, and North Dakota. In August 2020, Iron Horse Tools filed for reorganization under Chapter 11 in U.S. Bankruptcy Court, reflecting challenges in the industry.
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