Oil & Gas Drilling

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PT Apexindo Pratama Duta Tbk announces merger with PT Apexindo Energi Investama

Wednesday, 2 Jul 2014 08:00pm EDT

PT Apexindo Pratama Duta Tbk:Says merger of company and PT Apexindo Energi Investama took effect on July 1, where the company is the surviving entity.No further details have been disclosed.

Patterson-UTI Energy Inc completed previously announced pressure pumping acquisition

Tuesday, 17 Jun 2014 06:00am EDT

Patterson-UTI Energy Inc:Completed previously announced acquisition of East Texas-based pressure pumping operations of privately held company.Acquisition included 31,500 horsepower of hydraulic fracturing equipment and provides Patterson-UTI with a new base of operations and employees to efficiently support drilling programs in East Texas and Louisiana.Patterson-UTI now has more than 790,000 horsepower of hydraulic fracturing equipment, including the equipment acquired in this transaction.

NK Neftisa acquires 77.86 pct of Udmurtgeologiya OAO shares-AK&M

Sunday, 8 Jun 2014 08:00pm EDT

Udmurtgeologiya OAO:On June 5, Neftyanaya kompaniya Neftisa OJSC (NK Neftisa) acquired 77.86 percent of the shares in Udmurtgeologiya OAO, the company informed-AK&M.The transaction value was not disclosed in the statement.As reported, on Aug. 20, 2013, RussNeft withdrew from the authorized capital of Udmurtgeologiya OAO, selling its 45.098 percent stake.

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