“The acquisition of Western Petroleum’s operations and employing Western Petroleum’s talented workforce is a significant complement to an important aspect of our growth strategy,” says Pilot Flying J CEO.
Pilot Flying J is acquiring Western Petroleum LLC.
Western Petroleum is a market leader in selling and transporting approximately 200 million gallons of fuel and lubricants to the oil and gas drilling and hydraulic fracturing industries. Western Petroleum’s operations are largely targeted toward the Rocky Mountain states, the southern states and the northern plains. The company has enjoyed rapid growth in servicing the petroleum and natural gas drilling related channel in line with explosion of activity in that industry.
“The acquisition of Western Petroleum’s operations and employing Western Petroleum’s talented workforce is a significant complement to an important aspect of our growth strategy,” said Pilot Flying J President and CEO Jimmy Haslam. “Western Petroleum’s exceptional service mentality has earned a place as a key vendor to some major petroleum and natural gas drilling companies. The company has positioned itself for growth in many of the key geographic regions where hydraulic fracturing and hydrocarbon drilling activities are escalating. Pilot Flying J recognizes the energy services channel as a way to diversify its business while participating in a growth industry. Pilot Flying J’s core operational competencies should be an immediate enhancement to Western Petroleum’s growth strategy and financial performance.”
“We are extremely excited to become a part of the Pilot Flying J team,” said Perry Taylor, Western Petroleum’s president and CEO. “They have an excellent reputation in the travel plaza and travel center business. Their expertise in petroleum transportation and fuel acquisition will allow Western Petroleum to increase its ability to service its existing customers, and quickly and efficiently enter new markets.”
“Perry and his team have demonstrated a high commitment to service and safety in the energy services industry. Those qualities were critical as we evaluated this acquisition,” Haslam said.
Western Petroleum LLC will operate as a division of Pilot Flying J and will continue to run under the same leadership with Perry Taylor, as president and CEO, Samuel Taylor as chief sales and marketing officer, and Janis Kline as chief financial officer.