Select Energy Services completes acquisition of Nuverra Environmental Solutions

Select Water Solutions, Inc.

Nuverra stockholders received 0.2551 Select shares per Nuverra share; ~$19M of Nuverra debt to be repaid.
Acquisition adds over 300,000 bbl/d of permitted disposal capacity, bringing total to over 2 million bbl/d.
Added 60-mile underground twin pipeline network in Haynesville for produced water transport.
More than 84% of Nuverra shares voted in favor; 350 Nuverra employees join Select.
Select expects meaningful cost and revenue synergies, including elimination of public company costs.

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