An unknown buyer acquired Pressure pumping assets of Basic Energy Services, Inc. for $41.7 million.

An unknown buyer acquired Pressure pumping assets of Basic Energy Services, Inc. for $41.7 million on March 6, 2020. On December 10, 2019, the Board of Directors of the Basic Energy Services approved a plan by the company to divest of its pressure pumping assets, not inclusive of coiled tubing. An unknown buyer completed the acquisition of Pressure pumping assets of Basic Energy Services, Inc. on March 6, 2020.