Simpson Thacher is representing the financing sources in connection with the financing related to Superior Energy Services, Inc.’s definitive agreement to divest its U.S. service rig, coiled tubing, wireline, pressure control, flowback, fluid management and accommodations service lines and combine them with Forbes Energy Services Ltd.'s complementary service lines to create a new, publicly traded company.
Superior Energy Services serves the drilling, completion and production-related needs of oil and gas companies worldwide through a diversified portfolio of specialized oilfield services and equipment that are used throughout the economic life cycle of oil and gas wells.
The Simpson Thacher team includes Brandan Still, Robert Rabalais, Dylan Benac, Dustin Cooper and Brandon Barton (Banking and Credit); Brian Rosenzweig, Art Robinson and Matt Hart (Capital Markets); and Dmitry Zelik (Tax).