Midstream
Seventy Seven Energy Inc.
Acquired in May 2015 by Patterson-Uti Energy Inc.. The snapshot below reflects historical activity.
About
Oilfield Services
- WebsiteVisit →
- AddressOklahoma City Oklahoma
- Phone405-608-7777
- Acquired byPatterson-Uti Energy Inc.
Acquisition chain
Forward & backward M&A lineage
- Seventy Seven Energy Inc. (this company)
- Patterson-Uti Energy Inc.
Drilling activity
No activity recorded
No active rigs
Operations transferred to Patterson-Uti Energy Inc. Live rig records sit under the successor.
Recent activity
Seventy Seven Energy Cuts Down Losses in Q4; Down 44% to $27MM
This follows its August 2016 emergence from bankruptcy and subsequent pending acquisition of Seventy Seven by Patterson UTI.
Pressure Pumper Exits Bankruptcy, Still Bleeding Cash; Report $84 Million Loss
Seventy Seven Energy Inc. reported financial and operational results for the second quarter of 2016. Highlights: Emerged from bankruptcy on August 1, 2016, which reduced debt by $1.115...
Seventy Seven Energy Emerges from Bankruptcy
Seventy Seven Energy Inc. has successfully completed its prepackaged restructuring and recapitalization and emerged from Chapter 11 bankruptcy protection.
Crushed Under $1.1B of Debt, Seventy Seven Files Chapter 11
Seventy Seven Energy Inc. has filed a plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of...
Seventy Seven Energy Tags $59.6MM Loss in 1Q; Restructures Loan
Seventy Seven Energy Inc. reported financial and operational results for the first quarter of 2016.
Latest news mentioning Seventy Seven Energy Inc.
Deals
Closing Announcement - April 20, 2017 Patterson UTI has closed its merger with Seventy Seven Energy Inc. Patterson-UTI issued approximately…
Closing Announcement - June 16, 2015 Seventy Seven Energy Inc. announced the completion of the previously disclosed sale of Hodges Trucking…
Permits
No active permits
Operations transferred to Patterson-Uti Energy Inc. Live permits sit under the successor.
Assets
No asset records
Operations transferred to Patterson-Uti Energy Inc. Live acreage and lease records sit under the successor.
Regions of activity
No regional activity indexed yet
When Patterson-Uti Energy Inc. files permits or discloses acreage tied to this entity, the regions show up here.