EGPI Firecreek, Inc. (EFIR) today announced updates on progress for th efinal stages of a Definitive Agreement to acquire Caddo International, an Oil Service company that currently services the Northwest Louisiana and East Texas regions of the United States.
As previously reported Caddo International has been in business for over 40 years as a production and service company, utilizing their own equipment and pulling units in order to provide oilfield services. The company produces revenues of approximately $2,400,000 per year with a positive net income, and assets of approximately 6 million dollars.
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