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Acquisitions
6 Months Ended
Jun. 30, 2013
Acquisitions [Abstract]  
Acquisitions

3. Acquisitions

In 2012 and during the first six months of 2013, Basic acquired either substantially all of the assets or all of the outstanding capital stock of each of the following businesses, each of which was accounted for using the purchase method of accounting. The following table summarizes the provisional values for Salt Water Disposal of North Dakota LLC, Atlas Environmental Consulting, Inc. and Atlas Oilfield Construction Company, LLC and Petroleum Water Solutions, LLC acquisitions and the final values for the remaining acquisitions at the date of acquisition (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Cash Paid

 

Closing Date

 

(net of cash acquired)

Mayo Marrs Casing Pulling, Inc.

January 13, 2012

 

$

6,644 

SPA Victoria, LP

March 16, 2012

 

 

11,948 

Surface Stac, Inc.

May 15, 2012

 

 

23,184 

Salt Water Disposal of North Dakota LLC

December 19, 2012

 

 

43,190 

Total 2012

 

 

$

84,966 

 

 

 

 

 

Atlas Environmental Consulting, Inc. and Atlas Oilfield Construction Company, LLC

February 19, 2013

 

$

13,175 

Petroleum Water Solutions, LLC

February 22, 2013

 

 

3,288 

Total 2013

 

 

$

16,463 

 

The operations of each of the acquisitions listed above are included in Basic’s statement of operations as of each respective closing date. The pro forma effect of the remainder of the acquisitions in the first six months of 2013 is not material, either individually or when aggregated, to the reported results of operations. The provisional values used on Salt Water Disposal of North Dakota LLC, Atlas Environmental Consulting, Inc. and Atlas Oilfield Construction Company, LLC and Petroleum Water Solutions, LLC will be finalized once the valuation of the tangible and intangible assets is completed.