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Calfrac Well Services Ltd.

03:52 PM EST - Calfrac Well Services Ltd. : announced that it has completed the previously announced acquisition of all of the operating assets of Mission Well Services, LLC, a privately-held hydraulic fracturing and coiled tubing services provider focused in the Eagle Ford shale region of Texas. Under the terms of the asset purchase agreement in connection with the Mission Asset Acquisition, the total purchase price was approximately $147 million U.S., which included certain working capital associated with the ongoing operations of the business. The purchase price is subject to certain post-closing adjustments related to inventory verifications and equipment inspections. Calfrac Well Services Ltd.
shares T.CFW are trading up $1.28 at $31.94.