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More bad news for Basic Energy (BAS), as it lowers revenue guidance. The provider of well site...

More bad news for Basic Energy (BAS), as it lowers revenue guidance. The provider of well site services sees Q3 revenues down 5%-6% Q/Q and Q4 down another 3%-5%. Yesterday, BAS said it had received an SEC subpoena concerning information from its June 2011 operating data.
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