Pioneer Drilling acquires Wolverine rig fleet for $28M
Ray Tyson
Pioneer Drilling signed an agreement to acquire seven drilling rigs and related equipment from North Dakota-based Wolverine Drilling for $28 million in cash, Pioneer said Nov. 11.
Wolverine’s fleet consists of 500 to 1000 horsepower rigs, capable of drilling to depths of 7,000 to 15,000 feet. Robert....
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