Geopulse Exploration, Inc. has solidified its presence in the energy sector with the complete acquisition of ATC Services, a specialized oil and gas construction firm based in the Permian Basin of Texas. This strategic move, finalized on April 28, 2025, sees Geopulse purchasing the remaining 50% of ATC's membership units, thereby making ATC Services a wholly-owned subsidiary. This acquisition is not just a testament to Geopulse's growth strategy but also a significant step towards consolidating its position in a highly competitive market.
ATC Services brings to the table a robust portfolio of services that cater to the needs of major energy sector players. These services include drilling and facility pad construction, road maintenance, frac pit construction, environmental remediation, and specialized equipment services. The integration of ATC Services into Geopulse is projected to add approximately $12 million in annual run-rate revenue, a figure that underscores the financial viability of this acquisition.
The leadership transition is another critical aspect of this deal, with ATC Services' CEO Chris Bishop and Director Shawn Rye joining Geopulse's Board of Directors. This move is expected to foster a seamless integration of both companies' operations and cultures, paving the way for organic growth and potential strategic acquisitions in the Texas market. Marcus Laun of Geopulse highlighted the strategic importance of this acquisition, pointing to the growing demand for energy services and the potential for industrial re-shoring efforts. The company aims to leverage ATC's high-margin service portfolio to enhance shareholder value, a goal that is now within closer reach thanks to this acquisition.
Further cementing its commitment to the region, Geopulse is set to open its new headquarters in Big Spring, Texas, in June 2025. This development marks a significant milestone in the company's regional expansion strategy, signaling its long-term commitment to the Texas market and its confidence in the growth prospects of the energy sector. For more information on Geopulse Exploration, Inc., visit https://www.geopulseexploration.com.
