Superior Energy Services Inc.
Transactions
Select Energy Services Acquires HB Rentals from Superior
Select Energy Services Acquires HB Rentals from Superior
Superior Energy Services Divests Land Drilling Rig Business
Superior Energy Services Divests Land Drilling Rig Business
Superior Energy Concludes Merger With Complete Production Services
Superior Energy Concludes Merger With Complete Production Services
Superior Energy, Complete Production To Unite
Superior Energy, Complete Production To Unite
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New Financings
Superior Energy Services Inc.'s Board of Directors has authorized a new stock…
Superior Energy Services Inc. has extended the expiration date of its offer to exchange up to $500…
Subsidiary of Superior Energy Services Inc. will offer its senior unsecured notes due 2024 in a private…
SESI LLC has completed its offer to exchange its 7.125% Senior Notes due 2021 for the same principal…
The company has reported that SESI LLC, a direct, wholly-owned subsidiary of the company, has closed its…
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News
Superior Sees Executive Leadership Changes
Superior Energy Services’ president, CEO and chairman Brian Moore is retiring, and his roles are to be split between the two people succeeding him.
A&D Minute: International Players Take Interest in US Shale [WATCH]
Also in this week’s A&D Minute, Super Energy Services considers potential merger acquisitions and CorEnergy plans to sell two natural gas midstream systems.
Superior Energy Services Considers Strategic Alternatives, Potential Consolidation
Superior, an international provider of drilling, completion and production services and products, is exploring its options to boost value for shareholders, including through M&A.
Hart Energy’s On the Move: Chesapeake CEO Departs, Schlumberger ‘New Energy’ Board, More
Below is a roundup of notable moves and promotions in the energy industry within the past week including the departure of Chesapeake Energy CEO Doug Lawler and Schlumberger’s appointment of former Ørsted Wind Power CEO Samuel Leupold to its board.
Superior Energy Services CEO David Dunlap, CFO Westy Ballard Resign
Superior Energy Services said both its CEO, David Dunlap, and CFO, Westy Ballard, had resigned “to pursue other opportunities.”
Superior Energy Services to Swap $1.3 Billion Debt in Pre-Packaged Chapter 11
Houston-based Superior Energy Services reached an agreement with about 85% of its $1.3 billion senior unsecured notes for a reorganization plan that it said would eliminate all its funded debt and related interest costs.
Fed Survey Doubles Job Loss Estimates For Texas Oil And Gas
The Federal Reserve Bank of Dallas has doubled its estimates for job losses this year through October in the oil and gas industry of Texas, as companies rein in spending in the face of volatile oil prices.
Superior Energy Services Becomes Latest Casualty Of ‘Fracking’ Market Downturn
Oilfield service companies have been hard hit this year by weak oil and gas prices and spending cuts by producers shifting to focus on shareholder returns via cost-savings over production growth.