BASX News and Press, Basic Energy Services Inc

Axis, Berry and Select to Serve as Proposed “Stalking Horse” Bidders in Court-Supervised Sale Process Sale Processes to Be Facilitated Through Voluntary Chapter 11 Filing Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Co...

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced that the termination date in the existing Forbearance Agreement with its ABL lenders and the existing Ascribe Consent Letter has been extended to May 23, 2021, and that the l...

Basic Energy Services (BASX) completed a sale-leaseback transaction related to certain real property in Los Angeles County, California; it entered into a simultaneous lease of the property for an initial term of three years.The purchase price for the property consisted of $10.5...

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced it has entered into a purchase and sale agreement for the sale of certain non-core assets for a purchase price of $6.6 million, not including the assumption of certain capita...

Basic Energy Services (BASX) says it will utilize the 30-day grace period under the terms of the indenture governing its 10.75% senior secured notes due 2023 with respect to a $16.3M interest payment due today.Basic says it will use the grace period to continue discussions with its debtholder...

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced it has elected to utilize the 30-day grace period under the terms of the indenture governing its 10.75% senior secured notes due 2023 (the “Notes”) with respect...

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced that it has extended certain deadlines in connection with its previously announced private offer to exchange (the “Exchange Offer”) its 10.75% Senior Secured No...

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced that it is commencing a private exchange offer (the “Exchange Offer”) with respect to its 10.75% Senior Secured Notes due 2023 (the “Existing Notesȁ...

Basic Energy Services (BASX): Q3 GAAP EPS of -$1.17 misses by $0.29.Revenue of $95.4M (-33.8% Y/Y) misses by $6.4M.Press Release For further details see: Basic Energy Services EPS misses by $0.29, misses on revenue

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced its financial and operating results for the third quarter ended September 30, 2020. Third Quarter 2020 Results Reported revenues from continuing operations of $...