Seeking Alpha

Calfrac to buy Mission Well Services assets for $147M

  • Calfrac Well Services (CFWFF.PK) agrees to acquire all operating assets of Mission Well Services for ~$147M.
  • The move allows the Canadian company to gain a foothold in the Eagle Ford shale region and assess opportunities in other basins in Texas.
  • Calfrac will gain 157.5K conventional pumping horsepower, high-rate blenders, three deep capacity coiled tubing units and other equipment.
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