# Park Energy Services acquires Chesapeake's Midcon Compression assets in Oklahoma

Park Energy Services has completed the acquisition of substantially all assets of Midcon Compression, a division of Chesapeake Energy, including a facility in Hinton, Oklahoma and a gas compressor fleet. The deal lifts Park's compression fleet to over 150,000 horsepower.

- Type: Acquisition
- Announced: 2018-10-31
- Where: Hinton, Oklahoma, United States
- Jobs: 40
- Status: completed
- Capacity: fleet lifting total compression capacity above 150,000 horsepower
- Products: gas lift compressors, wellhead compression equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Park Energy Services](https://endata.com/companies/4114.md) (acquirer)
- [Midcon Compression](https://endata.com/companies/4115.md) (target)
- [Chesapeake Energy](https://endata.com/companies/4116.md) (partner)

## Sources

- [rockhillcap.com](https://www.rockhillcap.com/post/park-energy-services-announces-its-acquisition-of-midcon-compression), 2018-10-31: "Park Energy Services, LLC ("Park"), a portfolio company of Rock Hill Capital, announced today that it has completed the acquisition of substantially all the assets of Midcon Compression, LLC."
- [abfjournal.com](https://www.abfjournal.com/regions-bmo-harris-support-park-energy-midcon-acquisition/), 2018-11-01: "Park Energy Services completed the acquisition of substantially all the assets of Midcon Compression, a division of Chesapeake Energy."
- [oklahoman.com](https://www.oklahoman.com/story/business/columns/2018/11/02/park-energy-services-acquires-chesapeake-subsidiary/60491377007/), 2018-11-02: "announced it has acquired substantially all the assets of Midcon Compression LLC for an undisclosed price from Chesapeake Energy Corp."
- [eu.oklahoman.com](https://eu.oklahoman.com/story/business/columns/2018/11/02/park-energy-services-acquires-chesapeake-subsidiary/60491377007/), 2018-11-02: "The transaction that closed Oct. 31 includes a large facility in Hinton and a fleet of natural gas compressors"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.