ASSET PURCHASE AGREEMENT by and among PORTOFINO ACQUISITION COMPANY, as Buyer, PATTERSON-UTI ENERGY, INC., as Buyer Parent, and KEY ENERGY PRESSURE PUMPING SERVICES, LLC, and KEY ELECTRIC WIRELINE SERVICES, LLC, as Sellers, and KEY ENERGY SERVICES,...Asset Purchase Agreement • July 6th, 2010 • Key Energy Services Inc • Drilling oil & gas wells • Texas
This Asset Purchase Agreement (this “Agreement”) dated as of July 2, 2010, is by and among Key Energy Pressure Pumping Services, LLC, a Texas limited liability company (“Seller A”), Key Electric Wireline Services, LLC, a Delaware limited liability company (“Seller B”, and together with Seller A, the “Sellers”), Key Energy Services, Inc., a Maryland corporation (“Seller Parent”), Portofino Acquisition Company, a Delaware corporation (“Buyer”), and Patterson-UTI Energy, Inc., a Delaware corporation (“Buyer Parent”).
