Patterson-UTI Subsidiary To Acquire Pumping Firm

摘要

Patterson-UTI Energy Inc. says one of its subsidiaries has entered an agreement to acquire the East Texas-based pressure pumping operations of a privately held company.The acquisition includes 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, the company says.