Key Energy Services Sells Fracking And Well Testing Assets To Covenant

Transaction Type

Sellers

Key Energy Services Inc.

Buyers

Covenant Testing Technologies LLC

Catapult Energy Services Group LLC

NGP Energy Capital Management LLC

Basin

Permian Basin

Announce Date

Tue, 06/13/2017 - 12:00 PM

Post Date

Jun 13, 2017

Close Date

Tue, 06/13/2017 - 12:00 PM

Estimated Price

$23.7MM

Description

Bought Houston-based Key's frack stack and well testing assets serving the Permian Basin.

Key Energy Services Sells Fracking And Well Testing Assets To Covenant