Basic Energy Services Agrees to Sell Non-Core Assets
Press release content from Business Wire. The AP news staff was not involved in its creation. Basic Energy Services Agrees to Sell Non-Core Assets April 27, 2021 GMT FORT WORTH, Texas--(BUSINESS WIRE)--Apr 27, 2021-- Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced it has entered into a purchase and sale agreement for the sale of certain non-core assets for a purchase price of $6.6 million, not including the assumption of certain capital leases with a remaining balance of approximately $0.7 million and earn-out payment of up to $1.0 million payable ...
Source: apnews.com