EnerCrest Closes Five Offices, Lays Off 225 Workers

Oilfield services company EnerCrest Inc. has shuttered five regional offices and laid off around 225 workers, according to multiple reports.

According to the Associated Press, the closed offices are locates in Sibley, La., where about 125 workers were terminated, as well as in Rifle and Greeley; Big Piney, Wyo.; and Williamston, N.D.

Todd Erickson, the Denver-based company’s chief development officer, cited the poor economy and struggling oil and gas industry as the catalyst for the move. As a result the EnerCrest is reducing its road and pipeline construction operations in energy-producing areas. Erickson added the company does not intend to file for bankruptcy.

EnerCrest support the oil, gas and natural resource industries in the northern Rocky Mountain region.