Basic Energy Services Acquires NexTier’s Well Services Business For $94 Million
Transaction Type
Sellers
Buyers
Basin
Multiple; California; Permian Basin
Announce Date
Post Date
Close Date
Estimated Price
$94.0MM
Description
Purchased the production operations from NexTier Oilfield Solutions, known as C&J Well Services, which is the third-largest rig servicing provider in the US.