Pull to refresh
Logo
Daily Brief
Following
Why Ranks Sign Up
C&J Well Services (CJWS)

C&J Well Services (CJWS)

Oilfield services company

Appears in 1 story

Stories

CRC buys Berry, builds a bigger California oil empire—while betting on carbon storage as the second act

Money Moves

Transferred to CRC through Berry; strengthens well maintenance and abandonment capability

The CRC–Berry all-stock combination is now in the paperwork-and-plumbing phase. CRC's post-close 8-K confirms Berry is a wholly owned subsidiary and discloses an amendment raising CRC's elected credit-facility commitments to $1.46 billion. CRC has 71 days to publish pro forma financials for the combined company.

Updated Yesterday