Oilfield services provider Basic Energy Services will cut about 500 jobs in Texas, according to a filing with the state’s workforce commission, as the company works through Chapter 11 restructuring that includes asset sales.
The job cuts are focused …
Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company…
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FORT WORTH, Texas–(BUSINESS WIRE)– Basic Energy Services, Inc. (OTCQX: BASX) (“Basic”) announced today the successful testing of an automated water management solution with a major US operator. The solution provides a step change in efficiency, allowing the …
FORT WORTH, Texas–(BUSINESS WIRE)– Basic Energy Services, Inc. (OTCQX:BASX) (“Basic” or the “Company”) today announced that it has acquired the production operations from NexTier (NYSE:NEX) for a consideration of approximately $94 million.The NexTier production operations, known as …
Fort Worth oilfield service company Basic Energy Services is exiting the hydraulic fracturing business amid the ongoing shale slump.
In a Thursday morning statement, the company reported that it is selling almost all of its assets in the …
Basic Energy Services, Inc. – FORT WORTH, Texas- (OTCQX: BASX) (“Basic” or the “Company”) today announced that the shares of the Company’s common stock began trading on the OTCQX® Best Market tier of the OTC Markets …
Basic Energy Services Breakout Notes
Roe Patterson, president and CEO of Basic Energy Services, (ticker: BAS) presented today at EnerCom’s The Oil & Gas Conference® 22.
Basic Energy Services provides oilfield service through every stage of a well’s life, and …
In response to cycles in the industry, Basic Energy Services (ticker: BAS) has a formula that is proving out. With a presence in most major U.S. oil producing regions, Basic has built its business on well services during every stage …
Fort Worth-based Basic Energy Services (ticker: BAS) announced this month that the company has successfully completed its prepackaged restructuring. The company will …
Basic Energy Services CEO Roe Patterson appeared on CNBC’s Mad Money with Jim Cramer to discuss current pricing trends, the outlook for oil and gas production in North America, as well as BAS’ share appreciation year-to-date.
Important disclosures: The information …
