(In U.S. dollars unless noted)
* Acquires oilfield environmental company for $445 million
* Will boost Gibson's U.S. presence
* Raises dividend by 4 percent
* Plans receipt offer to raise as much as C$403 mln
CALGARY, Alberta, Oct 11 (Reuters) - Gibson Energy Inc
, operator of the largest independent fleet of for-hireoil trucks in the United States, said on Thursday it has agreedto buy OMNI Energy Services Inc for $445 million to boost thesize of its U.S. oilfield production and environmental servicesbusiness.
The Calgary, Alberta-based company also said it will raiseits quarterly dividend by one Canadian cent to 26 Canadian centsand sell 15.84 million subscription receipts for C$22.10 each,for gross proceeds of C$350 million ($358.3 million), or as muchas C$403 million should underwriters exercise an option to boostthe offer size by 15 percent.
Gibson said in a statement that OMNI's oilfield servicesoperations are established in many of the fastest growing oilregions in the United States, such as North Dakota's Bakkenoil-shale field, the Eagle Ford in Texas and the Tuscaloosamarine shale in Louisiana and Mississippi.
The company said the acquisition brings new customers likeExxon Mobil Corp
, Anadarko Petroleum Corpandothers.
"OMNI broadens Gibson's footprint in most of the major U.S.liquids focused basins (and) provides the scale we believe isrequired to grow the environmental services business in NorthAmerica," Stewart Hanlon, Gibson's chief executive, said in arelease.
The privately held OMNI has its business by 30 percent peryear since 2010. The Canadian company will add OMNI's 1,091employees to its staff.
The deal is expected to close by Oct. 31, Gibson said.
The subscription receipt offering is co-led by BMO CapitalMarkets and RBC Capital Markets.
Gibson shares were halted prior to the announcement. Theylast traded at C$22.74 on the Toronto Stock Exchange.
($1 = $0.98 Canadian)
(Reporting by Scott Haggett;editing by Sofina Mirza-Reid)
Keywords: GIBSON OMNI/