$SSOF OKLAHOMA CITY, OK / ACCESSWIRE / August 22, 2017 / SIXTY SIX OILFIELD SERVICES, INC. (OTC PINK: SSOF) announces that it has completed the sale of Drill Pipe and Heavy Weight Drill Pipe by delivery to a repeat customer fulfilling a purchase order placed on June 16, 2017. This transaction has generated $675K in gross sales and $108K in net revenue for the Company during the current quarter. The customer is headquartered in Canada and is expected to use the Drill Pipe in its operations in the Permian Basin.
James Frazier, the Company's President, stated, "This transaction is representative of our core business. I want the market to know that we are moving more and more pipe as the drilling market begins to move forward. This sale demonstrates the confidence our customers have in our ability to deliver quality products."
ABOUT SIXTY SIX OILFIELD SERVICES, INC.
Sixty Six Oilfield Services is a third-generation heavy oil field equipment company founded by J.C. Houck in Oklahoma in 1959. The Company is focused on supplying the oil industry with custom drilling rigs, heavy-weight drill pipe, drill collars, pup joints, pony collars, handling tools, tubing, casing, blow-out preventers, engines, compressors and other select equipment to customers world-wide through its facilities in Oklahoma City, Germany and Dubai. The Company's services include the sale of new equipment, sale of refurbished and certified used equipment, as well as rental of oilfield equipment.
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