HOUSTON, TX —
Resilient Energy Inc. advances toward acquisition closing; company to release target details post-completion
Resilient Energy Inc. (OTC: RENI) announced that it was finalizing documentation and the remaining steps for its pending acquisition. At the date of the release, the company anticipated closing within several weeks, subject to customary conditions.
The company stated that it would release additional information about the acquisition target following completion of the transaction. The initiative reflects Resilient Energy’s focus on asset-backed oilfield services, produced-water management, and related infrastructure businesses.
“Our team has been working diligently through the final stages of this process. We remain focused on completing a transaction that fits our strategy and provides a strong operating foundation for Resilient Energy’s next phase of growth.”
Jon Bianco, Chief Executive Officer