Announced
Completed
Financials
Tags
engineering solutions
Friendly
well construction
rig servicing
Private
Merger
United States
Oil Equipment and Services
Single Bidder
Majority
Completed
Synopsis
Keane Group, one of the largest pure-play providers of integrated well completion services in the US, completed its merger with C&J Energy Services, a provider of well construction and intervention, in a $1.8bn deal. "The merger of equals unites two great companies, resulting in a broader portfolio of well completion services across an even greater footprint in the US, benefiting our combined employees, shareholders, customers, suppliers, and the communities in which we operate," Robert Drummond, Chief Executive Officer of Keane.
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