Ecoark Holdings Announces Closing of the Sale of its Oilfield Services Business, Banner Midstream
Immediately following the closing, Ecoark now owns approximately 70% of the issued and outstanding shares of Enviro common stock.
- Immediately following the closing, Ecoark now owns approximately 70% of the issued and outstanding shares of Enviro common stock.
- As a post-closing regulatory requirement, Ecoark also plans to file a Form 14F-1 with the SEC in the coming days.
- We look forward to kicking off a period of accretive growth with a goal of building a diversified oilfield services company.
- Enviro provides trucking and other services for oil and gas services companies through its Banner Midstream business and the V-Inline Separator through its legacy business.