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Oil Billionaire Dan Wilks Bulks Up Stake in NexTier Oilfield Solutions

2021-08-12 19:15:00| OGI

Wilks first took a 5% active stake in NexTier in February and now holds a nearly 8% stake in the company.

Tags: solutions dan oil stake

 

Oil Billionaire Wilks Brothers Acquire Stake in U.S. Well Services

2021-07-13 11:05:00| OGI

The Wilks family office purchased $25 million of notes convertible into common shares of U.S. Well Services in late June, worth some 25.7 million shares, according to a filing.

Tags: services well oil brothers

 
 

Calfrac Shareholders Approve Recapitalization Plan, Reject Wilks Brothers Bid

2020-10-19 11:00:00| OGI

The debt-ridden oilfield services company, which rejected a hostile bid from Wilks Brothers last month, said most holders of its senior unsecured notes voted in favor of Calfrac's new plan.

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Wilks Brothers Raises Hostile Takeover Offer for Calfrac

2020-10-05 20:05:00| OGI

Wilks Brothers, led by oil billionaires Dan and Farris Wilks, has been acquiring stakes in hard-hit services firms in the United States and has been trying to buy Calfrac's U.S. business since July.

Tags: offer brothers raises hostile

 

Calfrac Rejects Wilks Brothers $20 Million Takeover Offer

2020-09-24 20:35:00| OGI

Instead, Canada's Calfrac Well Services on Sept. 24 said it was sweetening its recapitalization plan to reduce debt.

Tags: offer million brothers rejects

 

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