ProPetro 收购二叠纪固井业务 Par Five Energy

Par Five Energy Services 将整合到 ProPetro Holding 现有的固井团队、运营团队和品牌中。

哈特能源员工

根据 12 月 4 日的新闻稿,总部位于德克萨斯州米德兰的ProPetro Holding Corp.收购了固井公司 Par Five Energy Services 的资产和业务运营。

新闻稿称,五杆洞将整合到 ProPetro 现有的固井和运营团队及品牌中。

首席执行官 Sam Sledge 表示:“此次交易也与我们目前由固井业务副总裁 Beau Tenney 领导的固井业务高度互补,将使我们能够为二叠纪盆地的米德兰和特拉华盆地地区提供服务。”的ProPetro。


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新闻稿称,ProPetro 预计此次收购将使其 2024 年调整后 EBITDA 增加约 1000 万美元,并将其中约 80% 至 90% 转化为自由现金流。

原文链接/hartenergy

ProPetro Acquires Permian Cementing Business Par Five Energy

Par Five Energy Services will be integrated within ProPetro Holding’s existing cementing team and operating team and brand.

Hart Energy Staff

Midland, Texas-based ProPetro Holding Corp. acquired cementing company Par Five Energy Services’ assets and business operations, according to a Dec. 4 press release.

The Par Five will be integrated within ProPetro’s existing cementing and operating team and brand, the release stated.

“The transaction is also highly complementary to our current cementing operations, led by Beau Tenney, our vice president of cementing operations, and will allow us to serve both the Midland and Delaware Basin areas of the Permian,” said Sam Sledge, CEO of ProPetro.


RELATED: ProPetro CEO: Next-gen Equipment Demand High Despite Market Headwinds


ProPetro anticipates the acquisition will increase their 2024 adjusted EBITIDA by approximately $10 million and convert approximately 80% to 90% of that into free cash flow, the release said.