Archer Well Form 3 Initial statement of insider ownership

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Archer Holdco LLC

(Last) (First) (Middle)

5510 CLARA RD.

(Street)

HOUSTON TX 77041

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/28/2020

3. Issuer Name and Ticker or Trading Symbol
KLX Energy Services Holdings, Inc. [ KLXE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common stock	919,998	D(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Archer Holdco LLC

(Last) (First) (Middle)

5510 CLARA RD.

(Street)

HOUSTON TX 77041

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Archer Well Co Inc.

(Last) (First) (Middle)

5510 CLARA RD.

(Street)

HOUSTON TX 77041

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Archer Assets UK Ltd

(Last) (First) (Middle)

5510 CLARA RD.

(Street)

HOUSTON TX 77041

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Archer Ltd

(Last) (First) (Middle)

5510 CLARA RD.

(Street)

HOUSTON TX 77041

(City) (State) (Zip)

Explanation of Responses:

1. These shares are directly held by Archer Holdco LLC, a wholly owned subsidiary of Archer Well Company Inc., which is a wholly owned subsidiary of Archer Assets UK Limited, which is a wholly owned subsidiary of Archer Limited. Each of Archer Well Company Inc., Archer Assets UK Limited and Archer Limited may be deemed indirect beneficial owners of the reported securities.

Remarks:

Each reporting person disclaims beneficial ownership of all the shares reported in this Form 3 except to the extent of such reporting person's respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Max L. Bouthillette, attorney-in-fact for Archer Holdco LLC	07/28/2020
	/s/ Max L. Bouthillette, attorney-in-fact for Archer Well Company Inc.	07/28/2020
	/s/ Max L. Bouthillette, attorney-in-fact for Archer Assets UK Limited	07/28/2020
	/s/ Max L. Bouthillette, attorney-in-fact for Archer Limited	07/28/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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