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Announced

Completed

Select Energy Services completed the acquisition of Agua Libre and water-related assets and operations from Basic Energy Services for $20m.

Synopsis

Select Energy Services, a provider of water management solutions, completed the acquisition of Agua Libre, a provider of water midstream, and water-related assets and operations from Basic Energy Services, a provider of maintaining services, for $20m. "We are very excited to execute on another accretive consolidation opportunity for Select. This acquisition significantly expands our produced water infrastructure footprint and further increases the Company's revenue weighting towards production-related services and solutions. This acquisition is a continuation of our strategic effort to improve and bolster our base business, advance our technology and diversification efforts, and execute on strategic consolidation opportunities," John Schmitz, Select Energy Services Chairman, President and CEO.

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