By LARRY PHILLIPS
• Leader & Times
Though Best Energy Services has filed for bankruptcy, the company is trying to sell its Best Well Services operarions in Liberal, according to Best Energy Services Chief Financial Officer Dennis Irwin.
“We are actively seeking a buyer for Best Well Services, which generated positive cash flow consistently since its founding in 1991,” Irwin said. “Any interested buyers should contact me, Dennis Irwin, CFO, at our office in Houston, (713)933-2600.
Irwin had no other comments concerning the bankruptcy filing.
Houston-based well services provider Best Energy Services Inc. (OTCBB: BEYS) has reported it has filed for bankruptcy protection under Chapter 11 in the U.S. District Court in Wichita.
The company has 25 workover rigs based in Liberal that service the Hugoton Basin and Central Kansas Uplift.
In December 2010, Best Energy Services announced it was opening a South Texas Eagle Ford office, effective Jan. 1, 2011, in Carrizo Springs, Texas.
Oil & Gas Investor.com contributed to this report.
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