Light incremental news again this week despite the fact an industry investor conference took place. Normally during conference season one would expect to see some 8-K’s with newsworthy items, but nothing really jumped out to us. The most newsworthy item, in our view, is…
Headline OFS news this morning is encouraging as a consequential M&A deal within pressure pumping is announced. SLB and LBRT jointly announced that SLB will contribute its pressure pumping business into LBRT for a 37% ownership interest in LBRT. The combined company is sizeable…