Gordon Technologies, which produces technology for the oil and gas industry, has acquired Lodestar International, a manufacturer of drilling measurement tools. The deal—announced last week—includes Lodestar’s subsidiary, MaxWell Downhole Technology Limited. This is Gordon’s second acquisition this year. Gordon President Terry Frith noted Lodestar’s full suite of downhole dynamics-while-drilling measurement tools—including weight-on-bit, torque-on-bit and bending—are
Louisiana’s Gordon Technologies acquires Lodestar International
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