Ken Huseman, President and CEO stated, "This acquisition supports our strategy of providing a broad range of services to capture a larger portion of our E&P customers' capital and operating spending for well site services. G&L has a great reputation for customer service developed over more than 50 years in the business and has the management and organization to support expansion of their business throughout our existing markets."
Basic Energy Services, with a fleet of more than 300 well servicing rigs, provides a range of well site services to oil and gas drilling and producing companies throughout the major oil and gas regions in Texas, Louisiana, Oklahoma, New Mexico and the Rocky Mountain States.
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