Weatherford To Sell Land Drilling Rigs For $288 Million

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
$287.5MM
Description

Bought land drilling rig operations in Algeria, Kuwait, and Saudi Arabia and two rigs in Iraq; includes 31 land drilling rigs, related contracts and 2,300 employees and contract personnel. (Majority of transactions closed by year-end 2018)

Weatherford To Sell Land Drilling Rigs For $288 Million

Weatherford Completes $287.5 Million Sale Of Land Drilling Rigs