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Oil and Gas Investor
JAN-05
Pioneer Drilling Co., San Antonio (Amex: PDC), plans to acquire five drilling rigs and related equipment from Allen Drilling Co. for $7.2 million in cash.(M&A news)(Brief Article)
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Pioneer Drilling Co., San Antonio (Amex: PDC), plans to acquire five drilling rigs and related equipment from Allen Drilling Co. for $7.2 million in cash.(M&A news)(Brief Article)
Publication: Oil and Gas Investor Publication Date: 01-JAN-05 |
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COPYRIGHT 2005 Access Intelligence, LLC.
Pioneer Drilling Co., San Antonio (Amex: PDC), plans to acquire five drilling rigs and related equipment from Allen Drilling Co. for $7.2 million in cash. Allen Drilling owns a yard in Woodward, Okla., and operates five mechanical 550- to 800-horsepower rigs, capable of drilling to depths of 6,000 to...
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