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Oil and Gas Investor
JUL-05
Weatherford International Ltd., Houston, (NYSE: WFT) plans to acquire Precision Drilling Corp.(acquisition plans)(Brief Article)
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Weatherford International Ltd., Houston, (NYSE: WFT) plans to acquire Precision Drilling Corp.(acquisition plans)(Brief Article)
Publication: Oil and Gas Investor Publication Date: 01-JUL-05 |
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COPYRIGHT 2005 Hart Publications, Inc.
* Weatherford International Ltd., Houston, (NYSE: WFT) plans to acquire Precision Drilling Corp., Calgary, (Toronto: PD) energy-services division and international contract-drilling division for US$2.28 billion, including 26 million Weatherford common shares and approximately US$900 million in cash.
Precision's energy-services division is a provider of cased-hole and open-hole wireline services,...
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