GlobalSantaFe exits land drilling with $316M sale to Calgary-based Precision
Ray Tyson Petroleum News Houston correspondent
Big U.S.-based contract driller GlobalSantaFe, wanting to concentrate on the offshore, has agreed to sell its worldwide land drilling business to Calgary-based Precision Drilling for $316 million, the companies said April 2.
The sale, which doubles the size of Precision’s international fleet, includ....
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