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Vol. 9, No. 50 Week of December 12, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Patterson-UTI acquires Key Energy’s drilling assets for $62 million

Ray Tyson

Onshore drilling contractor Patterson-UTI says it has agreed to purchase the U.S. land drilling assets of Key Energy Services for $62 million. The deal includes 25 active drilling rigs in the Permian and San Juan basins and the Rocky Mountains, as well as 10 rigs that are currently stacked, Patterso....


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