Patterson-UTI Energy (PTEN) agreed to acquire specialized drill bit provider Ulterra Drilling Technologies from Blackstone Energy Partners (BX) for $370M in cash and 34.9M common shares.
Patterson-UTI Energy (PTEN) to Acquire Ulterra streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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US contractor buys drilling player for $370 million – weeks after unveiling $5.4 billion merger upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.