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RANGER ENERGY SERVICES, INC. (RNGR) IPO

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30 Aug 2017

We are one of the largest independent providers of high-specification ("high-spec") well service rigs and associated services in the United States, with a focus on technically demanding unconventional horizontal well completion and production operations. We believe that our fleet of 123 well service rigs (including 49 well service rigs to be acquired from ESCO) is among the newest and most advanced in the industry.

based on our historical rig utilization and feedback from our customers, we believe that we are an operator of choice for U.S. onshore exploration and production ("E&P") companies that require completion and production services at increasing lateral lengths. Our high-spec well service rigs facilitate operations throughout the lifecycle of a well, including (i) well completion support, such as milling out composite plugs used during hydraulic fracturing; (ii) workover, including retrieval and replacement of existing production tubing; (iii) well maintenance, including replacement of downhole artificial lift components; and (iv) decommissioning, such as plugging and abandonment operations. We also provide rental equipment, including well control packages, hydraulic catwalks and other equipment that are often deployed with our well service rigs. In addition, we own and operate a fleet of  proprietary, modular natural gas processing equipment that processes rich natural gas streams at the wellhead or central gat ring points. We have operations in most of the active oil and natural gas basins in the United States, including the Permian Basin, the Denver-Julesburg Basin, the Bakken Shale, the Eagle Ford Shale, the Haynesville Shale, the Gulf Coast and the SCOOP and STACK plays. 

www.rangerenergy.com  

http://www.nasdaq.com/markets/ipos/company/ranger-...

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Last Modified: Wednesday 30 August 2017 10:29
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RANGER ENERGY IPO

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