Infill Thinking Lifting the O&G knowledge curve
Land drilling / pressure pumping hybrids Patterson-UTI and Seventy Seven Energy have agreed to join forces as 2016 draws to a close. Patterson-UTI will purchase Seventy Seven Energy for $1.76bn in an all-stock deal that includes the assumption and repayment of $336mm of net debt. This deal isn’t a bargain, as …
Read More »A Deal Before Year-End: Patterson-UTI Pays Top Dollar For Seventy Seven Energy
