Tarpon Acquires Schmidt Electric

Tarpon Energy Services LLC of Westminster, Colorado, a wholly-owned subsidiary of Tarpon Energy Services Ltd., is pleased to announce it has acquired Schmidt Electric Inc. of Killdeer, North Dakota, effective January 1, 2012. Schmidt Electric, a licensed provider of electrical services was purchased from Doug and Kay Schmidt who will continue their employment as part of the Tarpon team. Mr. Schmidt has accepted the position of Area Manager for North Dakota and Ms. Schmidt will be taking on the role of Branch Administrator for Killdeer. Tarpon would also like to welcome Schmidt Electric’s talented and experienced workforce who will be joining our organization as well.

“This acquisition provides Tarpon with opportunities for growth through expansion into new operating areas in the United States,” said John Henry, President & CEO of Tarpon Energy Services Ltd. “We now have the capacity to offer electrical, instrumentation and environmental/combustion services within North Dakota and Montana, which includes the prolific Bakken resource play.”

In addition, Marty Carriere, Tarpon’s former Branch Manager for Calgary, Alberta, has accepted the position of Assistant General Manager for Tarpon Energy Services LLC. He will be spending the majority of his time working on the integration and expansion of the North Dakota/Montana operations. Mr. Carriere is excited to join Tarpon’s U.S. team and is looking forward to his new role.