Grey Wolf closes New Patriot acquisition
Ray Tyson Petroleum News Houston correspondent
U.S. contract land driller Grey Wolf said it has closed its previously announced purchase of New Patriot Drilling and its 10 rigs for $15.8 million in cash and 4,610,480 shares of Grey Wolf common stock.
In addition, Grey Wolf said April 6 that it made payments of $14.7 million to retire the outstan....
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