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Simrit Acquires Petroleum Elastomers

Friday, November 14, 2008  
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Simrit Oil & Gas, LLC announced the acquisition of the assets of Petroleum Elastomers of Houston, a manufacturer of specialized custom sealing components for the oil and gas industry. Terms of the agreement were not disclosed.

Petroleum Elastomers molds a wide range of elastomeric products but is known for its blow-out preventer (BOP) ram packers and spherical packing elements. The company is also known in the oil patch industry for its BOP products operating in extreme conditions, such as snubbing and H2S service, and offers replacement seals for most popular BOPs. Other products include strippers, bonnet seals, top seals and seal kits for the oil and gas industry. More...

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