Superior Energy Services to acquire Quail Tools from Nabors Industries for $600m.

Superior Energy Services, a provider of oilfield rentals and specialized well services, agreed to acquire Quail Tools, a provider of high-performance downhole tubular rental tools, from Nabors Industries, a global provider of drilling technology and services, for $600m. "In Superior, we believe Dave Lesar and his talented team will enable Quail to achieve even greater success. The combined company will be the premier provider in both the U.S. land and offshore tubular rental space, and there are substantial additional synergy opportunities," Anthony Petrello, Nabors Chairman, President & CEO.