M&A
Oilfield Services
CWC Energy Acquiring 10 High-Spec Triple Drilling Rigs, Further Expanding Its U.S. Presence
CWC Energy Services Corp.’s wholly-owned subsidiary, CWC Energy Services (USA) Corp., has entered into a definitive agreement to acquire 10 active high-spec triple drilling rigs and all related and ancillary equipment and inventory from a privately held contract drilling company based in Casper, Wyoming for total cash consideration of US$17.3 million.
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