Aarkstore Enterprise - Patterson-uti Energy To Acquire Drilling Assets From Key Energy Services

Aarkstore announce a new report "Patterson-UTI Energy To Acquire Drilling Assets

From Key Energy Services: A Move To Increase Its Pressure Pumping Capacity, And Expand Its Operations Deal Analysis " through its vast collection of market research report.

Summary

Patterson-UTI Energy, Inc. (Patterson-UTI) intends to acquire pressure pumping and electric wireline operations in the Barnett Shale, Eagle Ford Shale and Permian Basin regions, from Key Energy Services, Inc. (Key Energy) a provider of onshore well service rigs, for a purchase consideration of $237.7 million. The company entered into a $250 million credit agreement to fund the transaction.

The acquisition will enable Patterson-UTI to increase its pressure pumping capacity, and expand its operations to the Barnett Shale, Eagle Ford Shale and Permian Basin region.

Scope

Rationale behind Patterson-UTI acquiring assets from Key Energy

Strategic Benefits for the companies involved

Geography covered - US

Deal Financials and Valuations

Information on Patterson-UTI, Key Energy

Reasons to buy

Develop a sound undestanding of the major M&As, Partnerships, And Joint Ventures taking place in North American Oil & Gas industry

Identify the most lucrative segments to leverage on the growth oppurtunities available in the US oil & gas market

Get a detailed analysis of a deal to enable you to take better decisions

Know about the major companies, which are adopting a divestment or acquisition strategy to enhance their business portfolios

Learn about the key fiancial advisors in a particular segment in the Oil & Gas Industry

Understand the various means of raising funds from the market.

For more information, please visit:

http://www.aarkstore.com/reports/Patterson-UTI-Energy-To-Acquire-Drilling-Assets-From-Key-Energy-Services-A-Move-To-Increase-Its-Pressure-Pumping-Capacity-And-Expand-Its-Operations-Deal-Analysis-From-GlobalData-60407.html

Or email us at press@aarkstore.com or call +919272852585

by: Aarkstore Enterprise

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