Platinum Pressure Services - Ownership and Business Overview

Energy Services And EquipmentCompany

Platinum Pressure Services Ownership

Who owns Platinum Pressure Services?

Platinum Pressure Services is owned by Basic Energy Services. It was acquired on December 16, 2010.

Platinum Pressure Services Business Overview

Where is Platinum Pressure Services headquartered?

Platinum Pressure Services is headquartered in Decatur, Texas.

What sector is Platinum Pressure Services in?

Platinum Pressure Services is an energy services and equipment company.

When was Platinum Pressure Services founded?

Platinum Pressure Services was founded in 2007.

Energy Services And Equipment M&A Summary in 2010

Out of 60 sectors in the Mergr database, energy services and equipment ranked 15 in number of deals in 2010. The largest energy services and equipment acquisition in 2010 was BJ Services - which was acquired by Baker Hughes Company for $5.5B.

Join Mergr to view all 107 acquisitions of energy services and equipment companies in 2010, including 46 acquisitions by private equity firms, and 61 by strategics.

Platinum Pressure Services, Inc.

2618 South US 287,
Decatur, Texas 76234
United States,
(940) 626-8297
www.platinumpressure.com

Platinum Pressure Services owns 13 snubbing units, which are located primarily in the Marcellus shale, and has additional operations in the Ark-La-Tex region and Barnett shale. Admiral Well Service, Inc., a wholly owned subsidiary of Platinum Pressure Services, operates six well servicing rigs, all in the Marcellus shale.


Company Summary

SECTOR

Energy Services and Equipment

Established

2007

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