ASSET PURCHASE AGREEMENT dated as of August 17, 2021 by and among Basic Energy Services, Inc., Basic Energy Services, L.P., C&J Well Services, Inc. and KVS Transportation, Inc., as Sellers, and Axis Energy Services Holdings, LLC, as BuyerAsset Purchase Agreement • August 18th, 2021 • Basic Energy Services, Inc. • Oil & gas field services, nec • Texas
This Asset Purchase Agreement (this “Agreement”) dated as of August 16, 2021 (the “Execution Date”), is entered into by and among Axis Energy Services Holdings, LLC, a Delaware limited liability company (“Buyer”), Basic Energy Services, Inc., a Delaware corporation (“Basic”), Basic Energy Services, L.P., a Delaware limited partnership (“Basic LP”), C&J Well Services, Inc., a Delaware corporation (“C&J”), and KVS Transportation, Inc., a California corporation (“KVS” and, together with Basic, Basic LP and C&J, each a “Seller” and, collectively, “Sellers”) . Buyer and Sellers are sometimes referred to collectively herein as the “Parties” and individually as a “Party.”
