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Vol. 8, No. 50 Week of December 14, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Unit finishes Serdrilco buy

Allen Baker

Petroleum News contributing writer

Unit Corp. has completed its acquisition of Serdrilco Inc. and its subsidiary, Service Drilling Southwest LLC, the Tulsa, Okla., company said Dec. 8. Unit paid $35 million in cash, plus the sellers will receive half of the operation’s cash flow beyond the first $10 million annually for the next thre....


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