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 ...

In a Thursday morning statement, the company reported that it is selling almost all of its assets in the pressure pumping business, which includes hydraulic fracturing and other related services.

The deal increases the company's footprint in the Permian, California and other key oil basins. Basic Energy Services Inc. has acquired NexTier’s production operations for $94 million. The NexTier ...

FORT WORTH, Texas--(BUSINESS WIRE)--Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced it has entered into a purchase and sale agreement for the sale of certain ...

During a Thursday morning investors call, Basic Energy Services CEO Thomas Monroe Patterson announced the upcoming launch of the company's new subsidiary Agua Libre Midstream. Basic Energy Services ...

Basic Energy [BSC 0.14 down 13.5%; 295% avgVol] [link] has partnered with ACMobility, the Ayala Group’s mobility platform, to install and operate electric vehicle (EV) charging stations in select ...

MANILA, Philippines — Basic Energy Corp. and Japan-based Renova Inc. intend to finalize within this month a partnership to jointly develop the P5-billion Mabini wind project in Batangas province.