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Forbes Energy Services completed the acquisition of Cretic Energy Services.

Synopsis

Forbes Energy Services, an independent oilfield services contractor, completed the acquisition of Cretic Energy Services, an oil and gas support services provider, from Catapult Energy Services Group, an NGP and NGP Energy Technology Partners portfolio company. "This acquisition is a sizeable opportunity to accelerate growth for Forbes. The Cretic team has built a company that is best in class, and dovetails directly with our current offering of completion and production-related services. We share a common goal in continuing to build out an operation based on safe, reliable, consistent and efficient execution," John Crisp, Forbes Energy Services President and CEO.

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