Enhanced Drilling successfully sold
ETV are pleased to announce the sale of Enhanced Drilling to Enhanced Well Technologies AS.
Enhanced Drilling has been sold to Enhanced Well Technologies AS, a company owned and controlled by EV Private Equity together with a major oil company. The agreement was executed on the 15th of July 2019 together with a capital increase to strengthen and position the company for future growth.
EV Private Equity will, together with their co-investors, bring significant industry expertise and experience to the company, contributing to the growth and success of Enhanced Drilling.
Enhanced Drilling’s managed pressure drilling technology, EC-Drill, has been implemented by Equinor in GOM and on the Troll oil field on the NCS.