Thursday, February 24, 2011

Tetra unit applies for IPO

Thursday, February 24, 2011

Compressco Partners LP, a unit of Tetra Technologies Inc., has to go the public have been filed.

Compressco 2.5 million units provides and expects the price of $19 to $21, according to filed with the U.S. Securities and Exchange Commission.

Compresso plans under the symbol GSJK list its shares on the NASDAQ Global market.

The woodlands-based Tetra (NYSE: TTI) Oklahoma City acquired established Compressco June 2004 for about $93.5 million. The company provides wellhead compression of the oil and gas industry.

This is the second time for initial public offering submitted Compressco. The company submitted in November 2008.

Compressco Partners LP, a unit of Tetra Technologies Inc., has to go the public have been filed.

Compressco 2.5 million units provides and expects the price of $19 to $21, according to filed with the U.S. Securities and Exchange Commission.

Compresso plans under the symbol GSJK list its shares on the NASDAQ Global market.

The woodlands-based Tetra (NYSE: TTI) Oklahoma City acquired established Compressco June 2004 for about $93.5 million. The company provides wellhead compression of the oil and gas industry.

This is the second time for initial public offering submitted Compressco. The company submitted in November 2008.

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