Locke Lord Team Represents Gyrodata Incorporated in Execution of Definitive Agreement With SLB

A Locke Lord team led by Joe Perillo and Jennie Simmons (both of Houston) represented Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology, in its execution of a definitive agreement to be acquired by SLB, a global technology company. The transaction, expected to close towards the end of 2022, will combine Gyrodata’s leading wellbore placement and surveying technologies with SLB’s Well Construction business to create a new standard in drilling performance. For more information, see the press release. Additional assistance was provided by Michael Bennett (Chicago), Jaremi Chilton (San Francisco), Nick Dickerson, Jerry Higdon, Sara Longtain, Ed Razim, Buddy Sanders, Jordan Rodriguez, Ashley Lopez, Jason McCloskey, Andrew Nelson (all of Houston), Van Jolas, Angela Stockbridge, Brooks Vanlandingham (all of Dallas) and Stephen Murphy (Washington, D.C.).
Posted on October 27, 2022