Fairweather E&P Services, Inc. Changes Company Name To SolstenXP
Anchorage, Alaska (July 19, 2010) – Fairweather E&P Services, Inc. announced Friday that the company has officially changed its name to SolstenXP. The name change follows a recent amicable partner buyout, which separated operations for the previous group of Fairweather related companies headquartered in Anchorage, Alaska.
“As a result of the ownership change and company separation, this is an opportune time for re-branding ourselves as SolstenXP. This move clearly delineates our identity as a leading project management and contracting service company for the petroleum and natural resource industries, while eliminating any confusion with other Fairweather related companies. We feel our new name reflects our company’s heritage and will provide a unique brand under which we will continue to grow and serve our clients through the life cycle of their projects,” said President and CEO, Jesse Mohrbacher.
Since 1993, SolstenXP has provided project execution services including permitting, exploration project management, drilling engineering, rig operations and supervision, turnkey drilling, infrastructure and facilities construction, logistics support, production operations and decommissioning for a diverse client base across North America.
SolstenXP also has ownership interest in Marsh Creek, LLC (Marsh Creek) and Jago Contracting & Management, LLC (Jago) which are both jointly owned with the Kaktovik Inupiat Corporation (KIC). Marsh Creek has operations in Alaska, California, Hawaii, Utah and Virginia and provides a wide range of client-focused services under four primary business lines – civil construction, energy systems, environmental construction, and telecommunications. Jago was created to expand KIC’s participation in construction management and operations with a particular focus on development activities at Point Thomson.