KLX Energy Services Holdings, Inc. Announces Resignation of Amin J. Khoury as Director
May 04, 2020 at 03:19 pm
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KLX Energy Services Holdings, Inc. and Quintana Energy Services, Inc. announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock merger transaction. Amin J. Khoury, a current director on the board of directors of KLXE, will resign from the board of directors of KLXE.
KLX Energy Services Holdings, Inc. is a provider of diversified oilfield services to onshore oil and natural gas exploration and production companies operating in both conventional and unconventional plays in all of the active basins throughout the United States. It operates in three segments: the Southwest Region (the Permian Basin and Eagle Ford Shale), the Rocky Mountains Region (the Bakken, Williston, DJ, Uinta, Powder River, Piceance, and Niobrara basins) and the Northeast/Mid-Con Region (the Marcellus and Utica Shale as well as the Mid-Continent STACK and SCOOP and Haynesville). Its primary services include directional drilling, coiled tubing, hydraulic frac rentals, fishing, pressure control, wireline, rig-assisted snubbing, fluid pumping, flowback, testing, pressure pumping, and well control services. Its primary rentals and products include hydraulic fracturing stacks, blow out preventers, tubulars, downhole tools, dissolvable plugs, composite plugs, and accommodation units.