Superior Energy Services, Inc. (SPN) announced that SESI, L.L.C., a direct, wholly-owned subsidiary of the Company, has extended its offer to exchange $800.0 million aggregate principal amount of its 7.125% Senior Notes due 2021, which have been registered under the Securities Act of 1933, as amended, for all $800.0 million of its currently outstanding 7.125% Senior Notes due 2021, which have not been registered under the Securities Act.
The extension of the exchange offer has been made to allow holders of outstanding Unregistered Notes who have not yet tendered their Unregistered Notes for exchange additional time to do so.
Recommended Reading
Axis Energy Deploys Fully Electric Well Service Rig
2024-03-13 - Axis Energy Services’ EPIC RIG has the ability to run on grid power for reduced emissions and increased fuel flexibility.
Going with the Flow: Universities, Operators Team on Flow Assurance Research
2024-03-05 - From Icy Waterfloods to Gas Lift Slugs, operators and researchers at Texas Tech University and the Colorado School of Mines are finding ways to optimize flow assurance, reduce costs and improve wells.
Defeating the ‘Four Horsemen’ of Flow Assurance
2024-04-18 - Service companies combine processes and techniques to mitigate the impact of paraffin, asphaltenes, hydrates and scale on production—and keep the cash flowing.
Tech Trends: QYSEA’s Artificially Intelligent Underwater Additions
2024-02-13 - Using their AI underwater image filtering algorithm, the QYSEA AI Diver Tracking allows the FIFISH ROV to identify a diver's movements and conducts real-time automatic analysis.
Subsea Tieback Round-Up, 2026 and Beyond
2024-02-13 - The second in a two-part series, this report on subsea tiebacks looks at some of the projects around the world scheduled to come online in 2026 or later.