U.S. private equity firm Pelican Energy Partners has appointed Lou Doiron as the new CEO of Rapid Rod Service Ltd, a provider of artificial lift maintenance services based in Okotoks, Alberta. Pelican, which specializes in deal-making in the oilfield services sector, made a controlling investment in Rapid Rod in June 2013. It was also announced that Doiron has been named a vice president of Pelican to give the Houston, Texas-based firm a full-time presence in Canada, as it is actively seeking additional investment opportunities in that market.
Pelican Energy Partners adds leadership to oversee its Canadian growth initiatives
CALGARY, March 11, 2014 /CNW/ – Pelican Energy Partners LP of Houston, Texas USA announces the appointment of Mr. Lou Doiron to the position of CEO – Rapid Rod Service Ltd. and Vice-President of Pelican Energy Partners.
Rapid Rod Service Ltd. is a leading provider of artificial lift maintenance services in Western Canada and Texas USA. Mr. Doiron has a successful track record of managing and growing companies. Prior to joining Rapid Rod, Mr. Doiron held several positions of responsibility including Vice President of PTI Group USA, President of National Oilwell Varco’s Canada Distribution Services Group and President of Nabors Production Services Canada. The existing management team at Rapid Rod, consisting of Dean Halifax, Justin Clingman and Brad Smith, has done an outstanding job of founding and growing the company and building an outstanding reputation for customer service. Mr. Doiron will lead the team in an aggressive growth strategy in the coming year overseeing expansion to other geographic areas in Canada and the United States.
In June of 2013, Pelican Energy Partners, a private equity fund headquartered in Houston that specializes in oilfield service investments, made a controlling investment in Rapid Rod. Since that time the company has made significant investments in additional equipment and expanded operations into the United States market. Mr. Doiron is joining the Pelican team to help provide additional leadership as the company significantly increases in size and scope. In addition to his role as CEO of Rapid Rod, Mr. Doiron will serve as a Vice-President of Pelican Energy Partners providing a full-time presence for Pelican in Canada which is actively seeking additional investment opportunities in the region.
SOURCE Pelican Energy Partners LP
For further information:
Mike Scott at 713.559.7112 or Lou Doiron at 403.861.7799 or visit www.pelicanenergypartners.com
Photo courtesy of Rapid Rod Service Ltd