Ranger Energy Services to Acquire STEP Energy Services’ U.S. Coiled Tubing Assets
HOUSTON — Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) today announced that it has entered into an agreement to acquire the US coiled tubing assets of STEP Energy Services (“STEP” or the “Seller”). Strategic Highlights Positions Ranger as the second-largest U.S. coiled tubing operator in the onshore U.S. market, with significant scale […]
We haven't written up this one. Financial Post has the full story — the link below goes straight to it.