Superior Energy acquires Warrior Energy

Jan. 25, 2007
Superior Energy Services Inc. has acquired Warrior Energy Services Corp., a natural gas and oil well services company.

Offshore staff

HARVEY, Louisiana -- Superior Energy Services Inc. has acquired Warrior Energy Services Corp., a natural gas and oil well services company.

Under the agreement, Superior has acquired Houston-based Warrior for $175 million in cash and 5.3 million shares of common stock.

"We look forward to implementing growth plans that we believe will create one of North America's largest providers of premium production-related services, participating in both offshore Gulf of Mexico and key domestic land market areas," said Terence Hall, Superior's chairman and CEO.

01/25/2007