Deal snapshot: Emco Oilfield Services Pursues Acquisition of New Mexico Water Rights.

MANews-(C)2009-2022

New Mexico, US-based transportation services provider Emco Oilfield Services, LLC, a wholly owned subsidiary of Massachusetts-based shell company NextMart, Inc. (NXMR), has launched an acquisition program of New Mexico water rights to expand its water capacity for own water stations in the Permian Basin oilfield, the company said.

Terms of the transaction were not disclosed. The acquisition of more...

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