A private buyer acquired OOO Geostream Services Group from Key Energy Services, Inc..
September 20, 2017
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A private buyer acquired OOO Geostream Services Group from Key Energy Services, Inc. (NYSE:KEG) on September 20, 2017. Advance Capital acted as financial advisor in the transaction.
A private buyer completed the acquisition of OOO Geostream Services Group from Key Energy Services, Inc. (NYSE:KEG) on September 20, 2017.
Key Energy Services, Inc. provides an array of energy production solutions and services. The Companyâs solutions include well servicing, fishing and rental services and cementing and abandonment. Its fleet of rigs includes a range of classes for production, including completion services. Each rig is available with ancillary equipment to help meet clients' needs. It offers a full line of services and rental equipment to enhance the value of its customers' oil and gas wells. Its rental equipment includes reverse units, drill pipe, tubulars, laydown machines, power swivels, foam air units, fishing and completion tools and others. Its P&A package provides all the equipment necessary to plug and abandon a well, all from a single service provider.