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FORT WORTH, TEXAS, June 6, 2016 – FTS International, Inc. (“FTS” or the “Company”) announced today the commencement of a cash offer to reduce the level of the Company’s indebtedness. The Company will offer to purchase (the “Tender Offer”) its outstanding 6.250% Senior Secured Notes due 2022 (the “Notes”) and concurrently offer to repay (the “Term Loan Offer” and, together with the Tender Offer, the “Offers”) its Term Loan due 2021 (the “Term Loan” and, together with the Notes, the “Debt”). The aggregate maximum amount of cash that the Company will use to purchase Notes and/or repay its Term Loan in the Offers is $50,000,000.Read More

FTS International Names CEO Michael Doss and CFO Lance Turner to Permanent Roles

FORT WORTH, TEXAS, April 15, 2016 – The Board of Directors of FTS International, Inc. (FTSI) has appointed Michael Doss the Chief Executive Officer and Lance Turner the Chief Financial Officer of the company. Doss and Turner had been serving in these leadership positions with interim status since October 2015.Read More

FTS International Provides Well Stimulation for EQT’s Record-Setting Utica Well

FORT WORTH, Texas, August 20, 2015 – FTS International (FTSI) is proud to be the stimulation provider for EQT Corporation’s record-setting Utica well in southwestern Pennsylvania. EQT announced that its first deep Utica well, for which FTSI provided hydraulic fracturing and wireline services, achieved an average 24-hour test rate of 72.9 MMcf per day into sales during the initial 24-hour flow back test. This initial production (IP) rate equates to a 22.6 MMcf per day IP rate per 1,000 foot of lateral. Read More

Range Resources and FTS International Use Clean-Burning Natural Gas to Power Equipment for Hydraulic Fracturing

WASHINGTON COUNTY, Pa., August 4, 2015 – Range Resources (NYSE:RRC) and FTS International (FTSI) have successfully partnered on an initiative to use clean-burning natural gas from producing gas wells to power an entire pressure pumping fleet, yielding several environmental benefits. To date, FTSI has completed 15 wells and a total of 365 stages for Range Resources using this fleet.  Read More

 FTS International Announces Completion of $350 Million Notes Offering

FORT WORTH, Texas, June 1, 2015 – FTS International (FTSI) announced today that it has completed an offering of $350 million of senior secured floating rate notes due 2020 (the “notes”) in a private transaction that is exempt from the registration requirements of the Securities Act of 1933 (the “Act”). Read More

FTS International Provides Well Stimulation for Range Resources’ Record-Setting Well

FORT WORTH, Texas, Dec. 17, 2014 – FTS International (FTSI) is proud to be the stimulation provider for Range Resources Corporation’s (NYSE: RRC) record-setting Utica/Point Pleasant well in southwestern Pennsylvania. Read More

FTS International Completes Acquisition of J-W Wireline

FORT WORTH, Texas, Dec. 8, 2014 – FTS International (FTSI), the largest independent well completion service company in North America, announced today that it has completed the acquisition of substantially all the assets of J-W Wireline Company (J-W Wireline). Read More

FTS International to Acquire J-W Wireline Company

FORT WORTH, TEXAS – November 3, 2014 – FTS International (FTSI), one of the largest well completion service companies in North America, announced today that it has signed a definitive agreement to acquire J-W Wireline Company (J-W Wireline). Read More

FTS International Adds First Independent Director to Board

FORT WORTH, Texas. – September 4, 2014 – Tom Bates has been appointed to the FTS International board of directors as its first independent member. Read More

FTS International Enters Chinese Market with 15-year Joint Venture Company with Sinopec

FORT WORTH, TEXAS – June 10, 2014 – FTS International (FTSI) has entered into a 15-year joint venture agreement with the Sinopec Group (Sinopec). This joint venture collaboration is the culmination of a multi-year effort by both companies to bring FTSI’s hydraulic stimulation capabilities and expertise to China. Upon incorporation in China, the joint venture company, SinoFTS Petroleum Services Ltd. (SinoFTS), will be owned 55% by Sinopec and 45% by FTSI. SinoFTS is the first oilfield services collaboration of its kind between a non-Chinese well completion company and a Chinese national oil company. SinoFTS will serve both Sinopec and other exploration and production companies throughout China. Read More

Media Contact:

Karen Testa
Vice President, Marketing and Communications