From Globe Newswire: 2024-05-19 12:30:00

Key Energy Services, Inc. has acquired the well servicing division of Endeavor Energy Resources, L.P. in an all-cash transaction effective May 19, 2024. This purchase will enhance Key’s ability to support Endeavor’s well servicing needs in the Permian Basin. Key’s President and CEO Marshall Dodson expressed excitement about the transaction, adding that the company’s balance sheet and liquidity have strengthened over the years. Key Energy Services focuses on delivering top-tier energy production solutions and services to E&P companies, helping them optimize their wells. Trading in Key’s common stock is not listed on a national securities exchange and may fluctuate on the Over-the-Counter Market. Investors are advised to assess the risks involved in trading unregistered securities before investing.



Read more at Globe Newswire: Key Energy Services Reports Asset Acquisition