Post Tagged with: "Basic Energy Services"

Basic Energy Services announces launch of automated water management solution with major permian client

Basic Energy Services announces launch of automated water management solution with major permian client

Basic Energy Services


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 …

Basic Energy Services acquires well services business from NexTier to create leading well servicing provider in the U.S.

Basic Energy Services acquires well services business from NexTier to create leading well servicing provider in the U.S.

Basic Energy Services


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 …

Source: Houston Chronicle

Basic Energy Services exits hyrdaulic fracturing business

Houston Chronicle


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 …

December 13, 2019 - 2:00 pm Closing Bell Story‎, Energy News, Oil & Gas Jobs
Source: basicenergyservices.com

Basic Energy Services announces move to OTCQX® best market

Oil and Gas 360


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 …

December 3, 2019 - 1:30 pm Closing Bell Story‎, Energy News, Regulatory
EnerCom’s 2017 Conference Day One Breakout Notes: Basic Energy Services

EnerCom’s 2017 Conference Day One Breakout Notes: Basic Energy Services

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 …

Basic Energy Services: Higher Activity, Higher Prices Point to Growth in 2017

Basic Energy Services: Higher Activity, Higher Prices Point to Growth in 2017

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 …

Basic Energy Services Exits Chapter 11

Basic Energy Services Exits Chapter 11

Basic Energy Services emerges from bankruptcy with $125 million in new capital, and erases $775 million in debt

Fort Worth-based Basic Energy Services (ticker: BAS) announced this month that the company has successfully completed its prepackaged restructuring. The company will …

December 29, 2016 - 5:19 pm Closing Bell Story‎, Oil and Gas 360 Articles

CNBC: Basic Energy Services CEO Roe Patterson

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 …

September 19, 2014 - 6:00 pm Oil and Gas 360 Articles