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Liberty Acquires Sanjel's US Well Service Biz; Permian, Eagle Ford

Liberty Oilfield Services Sanjel Corporation
AnnouncedApr 4, 2016
TypeAsset
Announced Date
April 04,2016
Close Date
June 15,2016
Transaction Type
Asset




Snapshot
Location
Region
Gulf Coast,Permian

Country
United States

State
Texas


Transaction Details:  Require Private Equity Subscription

Closing Announcement - June 15, 2016

Liberty Oilfield Services has completed the previously announced acquisition of Sanjel Corporation's U.S. assets. 

With the closing of the transaction, Liberty has doubled its hydraulic fracturing capacity to almost 500,000 hhp, and has expanded its operating presence to cover the Permian and Eagle Ford basins in addition to its current operations in the Williston, Powder River and DJ basins.  In order to maintain a strong focus on hydraulic fracturing technology and services, Liberty has entered into subsequent arrangements with O-Tex Pumping for control…

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