Ranger Energy Services, Inc. is pleased to announce the acquisition of assets from Basic Energy Services, Inc. Ranger has purchased all assets other than those related to California and the Water Logistics Business. Ranger will begin integrating the well servicing, P&A and wireline assets and locations across Texas, New Mexico, Oklahoma, and North Dakota, expanding our geographic reach and service capabilities. We look forward to welcoming Basic’s personnel to the Ranger family.
With the addition of new employees, customers and assets, Ranger will continue to lead the way in well services, safety and operational efficiency. We will implement our core values: We Drive New Thinking, We Redefine Service, We Raise the Standards, We Rise to Challenges to work together for an efficient transition.
To learn more about the sale, read the full press release.