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Greene’s Energy Group Announces Sale of Pumping Services & Rentals Assets
Effective August 16, 2018, Greene’s Energy Group, LLC (GEG) is pleased to announce the sale of its Pumping Services & Rentals assets comprising its Water Treatment, Testing & Services, Nitrogen, Process Equipment, Facilities and Cherokee Rental divisions which have served the Gulf of Mexico and Gulf Coast regional states for the past 60 years to Cypress Pipeline and Process Services, LLC (“Cypress PPS”). Cypress PPS has retained the majority of all employees who drove the success of these divisions and we wish to thank all of the former GEG employees for their dedication and efforts and wish them the best of luck in their new home with Cypress PPS.
As part of the sale and transition Cypress PPS will continue to operate these assets from the existing GEG facilities in Broussard and Maurice, Louisiana until September 2018 when all operations will be consolidated in a single Cypress PPS facility in Scott, Louisiana.
GEG appreciates the relationships and experiences of working with our customers to accomplish their goals thru the years.
GEG believes this transaction will be beneficial to both firms as GEG remains focused in driving growth in our core businesses of Well Testing and Guardian Wellhead Protection & Rentals in Texas and New Mexico.