National Energy Services Reunited Corp. Announces Multiple Contract Awards in North Africa

National Energy Services Reunited Corp. 
National Energy Services Reunited Corp. Announces Multiple Contract Awards 
in North Africa 
 
01-Oct-2019 / 11:48 EST/EDT 
 
 National Energy Services Reunited Corp. Announces Multiple Contract Awards 
                              in North Africa 
 
HOUSTON, October 1, 2019 - National Energy Services Reunited Corp. ("NESR" 
or the "Company") (NESR) (NASDAQ:NESRW), a national, industry-leading 
provider of integrated energy services in the Middle East and North Africa 
("MENA") and Asia Pacific, today reported multiple awards in North Africa 
valued up to $100 million. The awards are for well intervention services for 
a period of up to three (3) years. 
 
"These awards allow us to further diversify our customer base in this 
fast-growing region and are a testament to our growing ability in the 
region," said Sherif Foda, Chairman of the Board and CEO of NESR. Mr. Foda 
added: "These well intervention contracts also allow us to deploy newer 
technologies that reduce our overall footprint at the wellsite and lead to 
more efficient and safer operations. I would also like to take this 
opportunity to thank our new customers in North Africa for their trust in 
our abilities and I look forward to a successful long-term partnership." 
 
*About National Energy Services Reunited Corp.* 
 
Founded in 2017, NESR is one of the largest national oilfield services 
providers in the MENA and Asia Pacific regions. With over 4,000 employees, 
representing more than 40 nationalities in over 15 countries, the Company 
helps its customers unlock the full potential of their reservoirs by 
providing Production Services such as Cementing, Coiled Tubing, Filtration, 
Completions, Stimulation, Pumping and Nitrogen Services. The Company also 
helps its customers to access their reservoirs in a smarter and faster 
manner by providing Drilling and Evaluation Services such as Drilling 
Downhole Tools, Directional Drilling, Fishing Tools, Testing Services, 
Wireline, Slickline, Fluids and Rig Services. 
 
*Forward-Looking Statements* 
 
This communication contains forward-looking statements (as such term is 
defined in Section 27A of the Securities Act of 1933, as amended, and 
Section 21E of the Securities Exchange Act of 1934, as amended). Any and all 
statements contained in this communication that are not statements of 
historical fact may be deemed forward-looking statements. Terms such as 
"may," "might," "would," "should," "could," "project," "estimate," 
"predict," "potential," "strategy," "anticipate," "attempt," "develop," 
"plan," "help," "believe," "continue," "intend," "expect," "future," and 
terms of similar import (including the negative of any of these terms) may 
identify forward-looking statements. However, not all forward-looking 
statements may contain one or more of these identifying terms. 
Forward-looking statements in this communication may include, without 
limitation, statements regarding the benefits resulting from the Company's 
recent business combination transaction, the plans and objectives of 
management for future operations, projections of income or loss, earnings or 
loss per share, capital expenditures, dividends, capital structure or other 
financial items, the Company's future financial performance, expansion plans 
and opportunities, and the assumptions underlying or relating to any such 
statement. 
 
The forward-looking statements are not meant to predict or guarantee actual 
results, performance, events or circumstances and may not be realized 
because they are based upon the Company's current projections, plans, 
objectives, beliefs, expectations, estimates and assumptions and are subject 
to a number of risks and uncertainties and other influences, many of which 
the Company has no control over. Actual results and the timing of certain 
events and circumstances may differ materially from those described by the 
forward-looking statements as a result of these risks and uncertainties. 
Factors that may influence or contribute to the accuracy of the 
forward-looking statements or cause actual results to differ materially from 
expected or desired results may include, without limitation: the ability to 
recognize the anticipated benefits of the Company's recent business 
combination transaction, which may be affected by, among other things, the 
price of oil, natural gas, natural gas liquids, competition, the Company's 
ability to integrate the businesses acquired and the ability of the combined 
business to grow and manage growth profitably; integration costs related to 
the Company's recent business combination; estimates of the Company's future 
revenue, expenses, capital requirements and the Company's need for 
financing; the risk of legal complaints and proceedings and government 
investigations; the Company's financial performance; success in retaining or 
recruiting, or changes required in, the Company's officers, key employees or 
directors; current and future government regulations; developments relating 
to the Company's competitors; changes in applicable laws or regulations; the 
possibility that the Company may be adversely affected by other economic and 
market conditions, political disturbances, war, terrorist acts, 
international currency fluctuations, business and/or competitive factors; 
and other risks and uncertainties set forth in the Company's most recent 
Annual Report on Form 20-F filed with the Securities and Exchange Commission 
(the "SEC"). 
 
You are cautioned not to place undue reliance on forward-looking statements 
because of the risks and uncertainties related to them and to the risk 
factors. The Company disclaims any obligation to update the forward-looking 
statements contained in this communication to reflect any new information or 
future events or circumstances or otherwise, except as required by law. You 
should read this communication in conjunction with other documents which the 
Company may file or furnish from time to time with the SEC. 
 
*Contact:* 
 
For inquiries regarding NESR, please contact: 
 
Christopher Boone or Dhiraj Dudeja 
 
National Energy Services Reunited Corp. 
 
832-925-3777 
 
[e-mail] 
 
Dissemination of a CORPORATE NEWS, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
End of Announcement - EQS News Service 
 
883823 01-Oct-2019 
 
 

(END) Dow Jones Newswires

October 01, 2019 11:48 ET (15:48 GMT)