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Patterson-UTI to acquire global drill bit company for $370 million

Founded in 2005 and headquartered in Fort Worth, Texas, privately-owned Ulterra designs, manufactures, sells and rents PDC drill bits.

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Patterson-UTI Energy Announces Agreement to Acquire Global Drill Bit Company, Ulterra

Patterson-UTI Energy Announces Agreement to Acquire Global Drill Bit Company, Ulterra
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Patterson-UTI Energy, Inc.: Patterson-UTI Energy Announces Agreement to Acquire Global Drill Bit Company, Ulterra

Patterson-UTI Energy, Inc.: Patterson-UTI Energy Announces Agreement to Acquire Global Drill Bit Company, Ulterra
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Patterson-UTI Energy (PTEN) to Acquire Ulterra

Patterson-UTI Energy (PTEN) to Acquire Ulterra
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Patterson-UTI Energy announces agreement to acquire global drill bit company, Ulterra

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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