Buenos Aires, 19 November 2020. On October 27th, Quintana Energy Fund transferred 100% of the assets of the local companies Quintana WellPro S.A. and Transportes Águila S.A. to petroleum engineer Thomas Berry Murphy. In this deal, Beccar Varela advised the seller, while Estudio Garrido counseled the buyer.
Quintana WellPro is an Argentine company dedicated to providing high-quality oil drilling, workover, and pulling services. Founded in 2006, it operates in Argentina and Chile and is present in Colombia, Peru, and Bolivia. The company has a fleet of 11 drilling rigs and 13 well servicing and pulling rigs. Transportes Águila S.A. provides transportation services to Quintana WellPro as well as to third-party customers. By focusing its business on meeting the transportation requirements of Quintana WellPro, it provides the latter with vertically integrated transportation capabilities, adding a great competitive advantage in the market.
Counsel to Quintana Energy Fund
Beccar Varela: team led by partner Roberto A. Fortunati, assisted by senior associates Pedro Silvestri and Lucila Parodi, and associates Lucas Mazza and María Belén Di Cola.
Counsel to Mr. Thomas Berry Murphy
Estudio Garrido Abogados: team led by partners Diego Martín Garrido and Patricia Macaferri, assisted by associates María Victoria Busnadiego and Pilar Belén Guzmán.