Ranger Energy Services completed the acquisition of PerfX Wireline Services.

Ranger Energy Services, an oil and gas completion and production solutions company, completed the acquisition of PerfX Wireline Services, a wireline company. Financial terms were not disclosed. "Similar to our previously announced acquisition of Patriot, the addition of PerfX to our Ranger portfolio of companies checks a number of strategic boxes. With these two acquisitions we now have the scale, scope and diversification necessary to ensure the long-term success of our wireline service offerings under the Ranger umbrella. Moving forward, Ranger will continue its focus on balance sheet strength and free cash flow generation. We are pleased to have completed these two transactions and expect more opportunities to grow our businesses through acquisitions," Bill Austin, Ranger Chairman of the Board and Interim CEO.