LATEST NEWS

RICHMOND, Va. November 6, 2017 – Turning Basin Capital (“TBC”) announced today that its portfolio company, Basin Energy Group (“Basin”), has completed a merger with Katko, LTD. (“Katko”). Katko joins current Basin operating companies, ProActive Services, Appalachian Production Services and Starett Energy Services, to provide complementary production and midstream services for the natural gas and oil industry in the Ohio, West Virginia and Pennsylvania. Headquartered in Carmichaels, Penn.,...

RICHMOND, Va. January 4, 2017 – Turning Basin Capital (“TBC”) announced today that its portfolio company, Basin Energy Group (“Basin”), has completed a merger with Appalachian Production Services, Inc. (“APS”).  APS joins current Basin operating companies, ProActive Services and Starett Energy Services, to provide complementary production and midstream services for the natural gas and oil industry in the Appalachian Basin. Headquartered in Abingdon, Va., APS has been an industry-leading...

RICHMOND, Va., April 13, 2016 – Turning Basin Capital (“TBC”) announced today that it has completed the acquisition of BBB Tank Services (“BBB”), a provider of maintenance and repair services to the above-ground storage tank (“AST”) market.  This acquisition marks TBC’s first acquisition in the vibrant downstream energy infrastructure services sector. Headquartered in Baytown, Texas, BBB’s AST services and products include routine and emergency maintenance and repairs, replacement seals for...

Starett’s Well Service Joins Existing Portfolio Company, ProActive Services, to Offer Additional Midstream Services RICHMOND, Virginia — September 3, 2015 — Turning Basin Capital (“TBC”) today announces the acquisition of Starett’s Well Service (“SWS”) by its portfolio company Basin Energy Group. Basin Energy was formed by TBC as a holding company focused on acquiring energy-service companies in the Marcellus and Utica shale region. Starett’s is the second acquisition by Basin Energy, joining...