Vaquero Advises Red Dog on Acquisition by EnverusEnverus, the energy industry’s leading SaaS and data analytics company, has entered into an agreement to acquire Red Dog Systems, the innovative Joint Interest Billing (JIB) and revenue data exchange based in Calgary, Alberta.
Adding Red Dog Systems expands opportunity for the Enverus family to grow in the Business Automation space for oil & gas companies. The addition of Red Dog was preceded by the acquisitions of Oildex in September 2018 and Cortex in February of this year.
Red Dog Systems, along with Enverus' current Data Exchange solutions, will further create value by connecting oil & gas operators with their working interest partners and mineral/royalty owners.
Vaquero advised Red Dog on the transaction.