Oil Patch Bits: Nabors purchases CIRI’s interest in Peak
CIRI said Aug. 18 that on July 29 it sold its 50 percent interest in Peak Oilfield Service Co. to Nabors Industries Ltd., its longtime business partner. CIRI and Nabors each owned 50 percent of Peak and Alaska Interstate Construction LLC. The companies will continue their relationship as 50-50 owner....
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