Basic energy services announces asset purchase agreements with axis energy services, berry corporation and select energy services

Fort worth, texas--(business wire)--basic energy services, inc. (otcqx: basx) (“basic” or the “company”) today announced that it has entered into asset purchase agreements with each of axis energy services holdings, llc (“axis”), berry corporation (nasdaq: bry) (“berry”), and select energy services, inc. (nyse: wttr) (“select”) pursuant to which, if consummated: axis will acquire substantially all of the company's well servicing and completion & remedial segment assets outside of california
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