Drill-Bit Maker Varel Opens Denver-Area Office
to Serve Rocky Mountain Region

June 10th, 2009 • Filed Under
feature photo

Reported by Staff

DENVER - Texas-based drill-bit manufacturer, Varel, has opened a new Denver area sales and service office, according to the company. The facility will serve the entire Rocky Mountain region,
providing polycrystalline diamond compact drill bits, and field engineers and technical sales personnel.

The Denver office is located at 7315 S. Revere Parkway, Suite 602, in Centennial. The phone number is 303-768-8182. Varel’s drill bits are used in oil and natural gas production and mining.

“Once a bit is run, it can be quickly returned to Denver for evaluation and service,”
Jim Dahlem, Varel’s regional manager for the Rockies, said in statement. “This also allows a swifter flow of information to our customers as to any issues relating to the operating practices or bit design that may affect bit performance.”

Varel was formerly owned by Denver buyout firm KRG Capital Partners, which sold it two years ago to private equity firm, Arcapita Inc. for a reported $369 million.

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