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MS Energy Services

Company Summary

Description

With over 30 years of experience in the industry, MS Energy Services is ranked as a leading independent directional drilling services company with an established presence in most major producing onshore oil and gas basins in the United States. As one of the most comprehensive oilfield service companies, our divisions provide expertise in directional planning, directional drilling, downhole performance motors, directional surveying, MWD, steering tools and downhole electric wireline.

Website

http://www.msenergyservices.com/

Related Entities

Recent news

  • 10/12/2017 - Patterson-UTI Closes on... (subscriber access)
  • 9/5/2017 - Patterson-UTI Acquiring... (subscriber access)

Company Transactions

Date: 10/12/2017
Type: Acquisition

BUYERS:
  • Patterson-UTI Energy Inc.
    • SELLERS:
  • MS Energy Services
    • DETAILS:

    COST: 262 $MM

    NOTES:
    Patterson-UTI has entered into a deal to acquire Multi-Shot LLC d/b/a MS Energy Services for $75 million in cash and 8.8 million shares of Patterson common stock.
    REGIONS:
  • United States