Total Energy Services subsidiary to acquire Saxon Energy Services Australia for $37M

Savanna Energy Services Australia, a subsidiary of Total Energy Services Inc., agreed to acquire all shares of Saxon Energy Services Australia from SLB for $37 million in cash. Saxon owns 11 land drilling rigs in Australia.

“Total Energy Services Inc. subsidiary Savanna Energy Services Australia Pty Ltd. is acquiring all the shares of Saxon Energy Services Australia Pty Ltd. from SLB for $37.0 million in cash.”rigzone.com

• 1 source
• rigzone.comTotal Energy Subsidiary to Acquire Saxon for $37MM | RigzoneRocky TeodoroJan 18, 2024

Summarized from public sources; check the original articles before acting on it.