Wenzel Downhole Tools Ltd. designs, manufactures, sells, rents and services drilling tools, which are primarily used in the oil and gas drilling industry. The Company manufactures its products in Edmonton, Canada. The Company's products include downhole drilling motors, short bit to bend motors, shock tools, drilling jars, multi-point stabilized drilling motors for straight hole performance drilling, fishing jars and jar accelerators. Its primary markets are the United States oil and gas drilling industry, the Western Canadian oil and gas drilling industry, as well as some international markets. It also sells drilling tools in Russia, Europe, the Middle East and South America. In August 2013, the Company announced that 1748017 Alberta Ltd. (the Purchaser), a subsidiary of Basin Tools, L.P. (Basin), has completed its acquisition of the Company.