Western Equity Partners, LLC Announces Strategic Partnership with SB Directional Services

Western Equity Partners, LLC (“Western” or the “Company”), through its investment partnerships, has announced an investment in, and strategic partnership with, Oklahoma City-based SB Consulting, LLC (dba SB Directional Services) (“SB”).

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SB is a full-service directional drilling company with a strong client base in both the Mid-Con and Permian Basin. SB provides full suite directional drilling services, as well as drilling motor and MWD rental services. SB, led by industry veteran and record-setting directional expert, Scott Burch, has grown into the largest directional drilling company in Oklahoma by providing market-leading client services and unmatched performance at competitive rates. The strategic partnership between SB and Western will provide ample opportunity for growth and the highest level of customer service. For more on SB, visit www.sbdirectionalservices.com.

Western is a private investor based in Oklahoma City, OK. Its management team is led by Partners, Heath Mireles, Perry Phipps and Sarah Croasdale. Croasdale also serves as the Company’s Chief Financial Officer. Western has decades of combined executive management experience and expertise in equity investments, operations, corporate development, finance, and accounting. The Company is focused on purchasing quality portfolio companies that benefit from its ability to streamline back-office operations and accounting functions, as well as become strategic partners and share access to its broad networks across the US. For more on Western, visit www.westernpartners.com.

“We are excited to partner with Scott and the entire SB team”, said Western Partner, Perry Phipps. “SB is a proven leader in the directional and downhole space, with an unrivaled track record of being client-focused and results driven – SB provides the ideal partner for Western. We plan to provide back-office and strategic support for SB, but otherwise get out of their way and watch them take the business to the next level.”

Scott Burch, President of SB said, “I am thrilled to team up with Western as we further SB’s goals of continued superior customer service and thoughtful, strategic growth. SB’s operational excellence and Western’s financial and strategic strengths set SB up for success for years to come.”