THE WOODLANDS, Texas, Oct. 28, 2024 /PRNewswire/ -- BJ Energy Solutions, LLC ("BJES" or the "Company") is pleased to announce that in a series of recent transactions two significant corporate modifications have been achieved. First, BaiWin Financing LLC ("BaiWin" - a related-party to an existing BJES owner) have agreed to convert the entirety of their term-debt (approximately $170MM) into equity of Company. The decision to convert comes after consideration of BJES' long-term prospects for its TITAN next-generation fracturing technology. In exchange for the conversion, BaiWin and its related affiliates will own approximately 80% of the Company. Second, the resulting change in ownership percentage among existing holders drove the decision to separate BJES from its former parent (Kanaci Technologies, LLC).

HOUSTON, Dec. 6, 2023 /PRNewswire/ -- Nations Capital (NCI), a Gordon Brothers company and an asset management and advisory firm focused on opportunistic investments and asset remarketing, have been chosen as the exclusive sales agent to BJ Energy Solutions, LLC ("BJ Energy Solutions" or the "Company") to manage the sale of its non-core diesel fueled conventional frac fleet assets and component inventory as the Company continues to focus on the shift towards its next generation low emissions TITAN^™ technology.

THE WOODLANDS, Texas, Dec. 13, 2022 /PRNewswire/ -- BJ Energy Solutions announced today that the Company has closed on a new fully committed credit facility with Eclipse Business Capital, providing for a $100 million ABL revolver.

THE WOODLANDS, Texas, Aug. 22, 2022 /PRNewswire/ -- BJ Energy Solutions has entered into a fracturing services agreement to provide Comstock Resources with its second TITAN™ next-generation fracturing fleet. The fleet will be deployed to Comstock's Haynesville operation in early 2023.

THE WOODLANDS, Texas, Aug. 15, 2022 /PRNewswire/ -- BJ Energy Solutions has entered into a three-year fracturing services agreement to provide Aethon Energy with a second TITAN™ next-generation fracturing fleet. The TITAN fleet will be deployed for Aethon in the first quarter of 2023, representing what will be BJ's 5th TITAN fleet operating in the Haynesville basin.

THE WOODLANDS, Texas, Aug. 10, 2022 /PRNewswire/ -- BJ Energy Solutions (the "Company") announced that the Company's TITAN™ Next-Generation Natural Gas Fueled Emissions Reducing Technology ("TITAN") was selected as a winner of a 2022 Hart Energy's Meritorious Award for Engineering Innovation (MEA) in the Hydraulic Fracturing/Pressure Pumping category. The MEA honor places TITAN among one of this year's best innovations with technical, environmental, and economic benefits for the upstream petroleum industry.

HOUSTON, Aug. 9, 2022 /PRNewswire/ -- Hart Energy editorial staff will announce the recipients of the 2022 Meritorious Awards for Engineering (MEA) Innovation in the August 9^th E&P+ e-newsletter. MEA honors engineering excellence in 11 categories across the upstream energy industry and recognizes new products and technologies that demonstrate innovation in concept, design and application.

THE WOODLANDS, Texas, April 6, 2022 /PRNewswire/ -- BJ Energy Solutions (the "Company") has entered into a three-year pressure pumping services agreement with a Multinational Oil Company for its TITAN™ next-generation technology. The natural gas-powered TITAN fleet will be deployed for the Company in its Duvernay resource play near Fox Creek, Alberta...

THE WOODLANDS, TX, USA, June 29, 2021 /EINPresswire.com/ -- BJ Energy Solutions, LLC announced today it has filed a patent infringement lawsuit against Evolution Well Services, LLC, in the United States District Court for the Western District of Texas. BJ Energy Solutions is asserting that Evolution Well Services is infringing U.S. patent number 9,395,049 titled "Apparatus and methods for delivering a high volume of fluid into an underground wellbore from a mobile pumping unit." ...