Omni Energy Services Corp., Carencro, La., (Nasdaq: OMNI) plans to acquire Preheat Inc. for $16 million in cash, and the issuance of 900,000 shares of Omni's common stock and $4 million of buyer promissory notes. James C. Eckert, president and chief executive, says, "Preheat's rental fleet and specialized environmental services are utilized extensively by drilling contractors operating in the Gulf of Mexico, whereas environmental services performed by Trussco, our environmental business unit and subsidiary, are focused primarily on oil and gas production companies working in the Gulf. The operations of Trussco and Preheat naturally complement each other, allowing Omni the opportunity to capitalize on numerous operating synergies...."
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