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Basic Energy Services Closes Sledge Drilling Holding Corporation Acquisition.

Publication: PR Newswire
Publication Date: 04-APR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MIDLAND, Texas, April 4 /PRNewswire-FirstCall/ -- Basic Energy Services, Inc. (Basic) announced today it has completed the previously announced acquisition of all of the outstanding capital stock of Sledge Drilling Holding, Corp. ("Sledge") for a total acquisition price, net of estimated working capital, of approximately $56 million. The total acquisition price is comprised of approximately 430,000...

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