Ranger Energy Services Inc Acquisition of Certain Assets of Basic Energy Services Inc and Its Subsidiaries Conference Call Transcript
Good morning, and welcome to the Ranger Energy Services to outline the Basic asset acquisition conference call. (Operator Instructions) Please note, this event is being recorded.
I would now like to turn the conference over to Stuart Bodden, Chief Executive Officer. Please go ahead.
Thank you, operator. Good morning, everyone, and thanks for joining us for the Ranger Energy Services conference call to outline the Basic asset acquisition. My name is Stuart Bodden, I'm Ranger's new President and CEO. I'm excited to be here, and I look forward to interacting with you over the coming months and quarters. I'm joined today by our CFO, Brandon Blossman, and we are here today to outline in more detail the key elements of our recently closed transaction with Basic and the related equity raise.
Before we begin, I would like to quickly welcome the more than 700 Basic field personnel managers and administrative staff that have recently joined the Ranger family. In addition to
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