STEP

ProPetro Announces Divestiture of Coiled Tubing Assets

Retrieved on: 
Thursday, September 1, 2022
Energy, Other Energy, Oil, Gas, Permian, Security (finance), COVID-19, Technology, Safety, NYSE, LP, LLP, Coiled tubing, Disclosure, SEC, TSX, U.S. Securities and Exchange Commission, Bracewell LLP, Company, News, Eagle Ford, Dallas, Annual report, Public expenditure, Private Securities Litigation Reform Act, Growth, Industry, Risk management

This is a great transaction for ProPetro and all of our stakeholders, said Sam Sledge, Chief Executive Officer of ProPetro.

Key Points: 
  • This is a great transaction for ProPetro and all of our stakeholders, said Sam Sledge, Chief Executive Officer of ProPetro.
  • Our goal was to rationalize our portfolio while positioning the Coiled Tubing business assets and talented team for even greater success.
  • As part of STEP, the assets will have the appropriate scale to effectively compete and achieve their full potential.
  • STEP is an energy services company that provides coiled tubing, fluid and nitrogen pumping and hydraulic fracturing solutions.

ABC Recognizes APTIM With the 2021 Diamond STEP Safety Management System Award

Retrieved on: 
Friday, July 23, 2021
Articles, Safety engineering, Labor, Work, Environmental social science, Industrial and organizational psychology, Industrial hygiene, Occupational safety and health, Associated Builders and Contractors, Merit shop

Houston, TX, July 23, 2021 (GLOBE NEWSWIRE) -- Associated Builders and Contractors (ABC) of Greater Houston, an association representing the interests of merit shop contractors and their employees, recognized APTIM as a Diamond recipient of the 2021 Safety Training and Evaluation Process (STEP) Award on July 16.

Key Points: 
  • Houston, TX, July 23, 2021 (GLOBE NEWSWIRE) -- Associated Builders and Contractors (ABC) of Greater Houston, an association representing the interests of merit shop contractors and their employees, recognized APTIM as a Diamond recipient of the 2021 Safety Training and Evaluation Process (STEP) Award on July 16.
  • Founded in 1989, STEP participation demonstrates safety leadership and a cultural commitment to safety performance.
  • STEP applicants measure their safety processes and policies on 24 key components through a detailed questionnaire with the goal of implementing or enhancing safety programs that reduce jobsite incidents.
  • By participating in STEP, ABC member companies leadership has demonstrated a commitment to create the conditions for all to do their work without incident.