February 16, 2024

What a great time out! On Feb. 15, 2024, Pason and Intelligent Wellhead Systems (IWS) employees gathered for a mix-and-mingle to officially welcome IWS to Pason!

In 2019, Pason acquired a minority interest in IWS, and in 2024, we purchased all remaining issued and outstanding common shares. 

IWS is the leading supplier of digital control technologies that improve oil and gas well installation and operations. 

Employees from both organizations gathered at Prairie Dog Brewing, open-house style, in a casual environment to get to know each other and have a little fun while doing it!

“The two organizations know each other professionally from working together over the last several years, so giving the team a chance to meet in a more social environment is a great opportunity to see another dimension and a reminder that there are regular people beneath the titles and tasks we typically see during our work,” said William Standifird, IWS’ President.

We enjoyed some great appetizers, a couple of drinks and some great company.

“Every time we do one of these events, I am always amazed how much we have in common and in some cases, we even learn that our colleagues have special skills like painting, solving puzzles or playing a musical instrument,” William said.

As it is the beginning of the year, there was a sense of excitement about what’s to come for both of our organizations.

“Pason has been a great partner providing experience and expertise to IWS, so I expect we will see more of those catalysts with a higher intensity as we accelerate the business growth,” William said.

Welcome to the Pason group, Intelligent Wellhead Systems!

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