Calgary, Canada-based Step Energy Services Ltd. announced Feb. 22 that it will acquire Houston-based Tucker Energy Services Holdings Inc. for $275 million in cash.
Privately held Tucker provides fracturing and completion solutions primarily in the SCOOP/STACK and Woodfield plays in Oklahoma, according to Step’s press release. Tucker’s senior leadership team has agreed to join Step.
The addition of Tucker’s SCOOP/STACK operations will complement Step’s existing coiled tubing presence in…
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