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Key Energy Services, Inc. (KEGX)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.50000.0000 (0.00%)
At close: 10:54AM EDT
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  • GlobeNewswire

    Key Energy Services Announces Sale of Fluid Management Services Assets

    HOUSTON, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Key Energy Services, Inc. (“Key” or the “Company”)(OTC: KEGX) today announced the sale of substantially all of its Texas and New Mexico fluid management and salt water disposal well assets for cash and the assumption by the buyer of the related asset retirement obligations. The sale effectively completes the Company’s exit from this line of business in these states. The sales proceeds will be used by the Company to further strengthen its liquidity posi