C&J Energy Services has sold the assets and business related to ESPCT to Forum Energy Technologies
ESP Completion Technologies LLC (“ESPCT”)
ESPCT designs, manufactures and installs proprietary completion equipment for electric submersible pump (ESP) systems to meet the needs of ESP OEMs and E&P operators. ESPCT is headquartered in Missouri City, Texas with three service centers located across the United States.
C&J Energy Services, Inc. (“C&J”) (NYSE:CJ)
C&J is a leading provider of well construction and intervention, completions, well support and other complementary oilfield services to oil and gas exploration and production companies throughout the United States. The company offers a comprehensive, vertically-integrated suite of services and technology throughout the life cycle of the well, including fracturing, cased-hole wireline and pumping, cementing, coiled tubing, rig services, fluids management, and other specialty support services. C&J is headquartered in Houston, Texas and operates in all active onshore basins of the continental United States.
Forum Energy Technologies, Inc. (“Forum”) (NYSE:FET)
Forum is a global oilfield products company, serving the drilling, subsea, completions, production and infrastructure sectors of the oil and natural gas industry. The company's products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas. Forum is headquartered in Houston, Texas with manufacturing and distribution facilities strategically located around the globe.
PPHB, LP (“PPHB”)
PPHB is an independent investment banking firm providing financial advisory services exclusively to clients in the oilfield equipment and service industry.