Axis will acquire substantially all of the Company’s Well Servicing and Completion & Remedial segment assets outside of California. Berry will acquire substantially all of the Company’s assets in ...

This release includes “forward-looking statements” within the meaning of the federal and securities laws. Forward-looking statements are not statements of historical fact and reflect Basic’s current ...

The Upshot: The number (weighted average) of rigs serviced for the month of August 2008 increased 7.6% to 412 and rig utilization improved to 93 percent, up from 87 percent in August 2007. Although ...

Greetings and welcome to the Basic Energy Services Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the ...

Fort Worth oil-field service company Basic Energy Services is shuffling executives and consolidating operations in a move that it says will save $20 million a year. Basic's existing five regions will ...

A closer look at the key catalysts that fueled a rally in Bonanza Creek Energy, Basic Energy Services, and Matrix Service Company this week. Volatility continued to be the main theme of the market ...

FORT WORTH, Texas--(BUSINESS WIRE)--Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced a plan to divest of its pumping services assets (not inclusive of coiled tubing ...

Basic Energy Services (BAS) shares are higher after the company reported operating data for August 2015. Basic said its well servicing rig count remained unchanged at 421 in August. The company ...

Basic Energy Services Inc. announced Thursday that it is shutting down its pumping services operations, affecting about 350 workers companywide. The Fort Worth-based company employs 73 people at its ...

In a Thursday morning statement, the company reported that it is selling almost all of its assets in the pressure pumping business, which includes hydraulic fracturing and other related services.

FORT WORTH, Texas--(BUSINESS WIRE)--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 ...

Grey Wolf and Basic Energy Services said today they're merging into a new Houston-based oilfield services company under the old Grey Wolf name. "We've been looking at each other for quite some time," ...