September 1, 2004
TD Equipment acquired manufacturing rights
After negotiations with Allan R. Nelson Engineering
(1997) Inc., TD Equipment Inc. has aquired the worldwide rights
(excluding China) to manufacture the Integraline series of top drives
formerly manufactured by ESTec Oilfield Inc.
TD Equipment will pay a royalty to Allan R.
Nelson Engineering (1997) Inc. for each unit manufactured. The design
has had very good reviews from Nabors Drilling, the purchaser of
the first top drive, and from Sunstone Energy Inc. who rented a
unit for a project.
TD Equipment expects to start a major marketing
campaign during September to sell new top drives.
TD Equipment will be providing support to Nabors
drilling for the existing unit and to any party that purchases the
assets of ESTec Oilfield Inc, which includes two complete top drives.
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