Houston-based Frank’s International NV agreed Friday to buy crosstown well construction specialist Blackhawk Group Holdings Inc. in a transaction estimated to be worth $321 million.
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Frank’s International Expands U.S. Well Casing Reach With Timco
Frank’s International NV, whose operations are based in Houston, has agreed to buy cross-town competitor Timco Services Inc., a move that would expand its oilfield services in the United States, especially in the Eagle Ford Shale and Permian Basin.
March 12, 2015