Max Dillard Managing Director of The Dillard Anderson Group (“DAG”), announced the sale of L&L Dozer, LLC and L&L Backhoe, Inc. (collectively called L&L) of Woodward, Oklahoma, to ROC Service Company, LLC (ROC).
L&L provides equipment, personnel, and expertise for the preparation of oil and gas well drilling sites, lease roads and oil tank batteries. The company services oilfields in the Texas Panhandle, Oklahoma and Southern Kansas.
ROC is based in Bridgeport, Texas. ROC is one of the largest and longest standing well site preparation, commissioning, and de-commissioning service companies in the oil and natural gas industry.
Max Dillard said, “We are excited for both L&L and ROC. As this is an excellent opportunity for each to realize key strategic and growth objectives in growing markets of the Mississippian and Granite Wash shale plays.”
DAG served as exclusive financial advisors to L&L and its’ owners, Mrs. Elaine Gatrell and Mr. Larry Gatrell.
The Dillard Anderson Group is an investment banking firm that specializes in mergers and acquisitions in the oilfield services industry. The company was formed in 1996, and is a leading investment firm serving the middle market in oilfield services transactions.