Enservco Corp updates plan, shifts to hot oiling and energy logistics services via Buckshot Trucking acquisition to regain NYSE American compliance.
Enservco Corp, a provider of specialized well-site services to oil and gas industries, has updated its plan to regain compliance with NYSE American listing standards. The "Updated Plan" includes a strategic shift from frac water heating to hot oiling and energy logistics services through the acquisition of Buckshot Trucking. Management believes this plan will satisfy equity requirements and retain its NYSE American listing.
June 13, 2024
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