Stallion Oilfield Cancels IPO (Again)

Stallion Oilfield Services Inc., a Houston, Texas-based provider of well-site support, construction and logistics services to oil exploration and production companies, has withdrawn registration for a $400 million IPO. It had planned to trade on the Nasdaq. This is the second time Stallion has canceled a proposed IPO, previously having done so in 2006. Carlyle/Riverstone is the company’s largest single shareholder.