NEW YORK, Oct. 14, 2016 (GLOBE NEWSWIRE) — Mammoth Energy Services, Inc. (Nasdaq:TUSK), a provider of oilfield services for independent oil and natural gas producers in North America, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. The company is based in Oklahoma City, OK.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ee7d8f7b-58ed-4d39-bd8c-3d58c9b5a06a
Mammoth Energy Services is an integrated, growth-oriented oilfield service company serving companies engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. Mammoth Energy’s suite of services includes completion and production services, natural sand proppant services, contract land and directional drilling services and remote accommodation services.
“This is a tremendous accomplishment by the Mammoth Energy Services team and with our clean balance sheet and no debt, it sets Mammoth Energy up for growth opportunities in the future. We are very excited for our sponsors, Wexford Capital and Gulfport Energy, as well as our team as we go forward with our services,” said Arty Straehla, Chief Executive Officer of Mammoth Energy Services.
“We welcome Mammoth Energy Services to join the Nasdaq family and look forward to supporting the company as it continues to grow,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “Nasdaq is proud to be the exchange of choice for growth-oriented companies and with two successful IPOs this week we are excited to see a strong momentum from the energy sector.”
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