by Efrain Garcia | Jul 5, 2023 | Upstream News
“Ulterra is a Leading Provider of Highly Engineered Polycrystalline Diamond Compact (“PDC”) Drill Bits in North America with a Growing International Presence Consideration Comprised of $370 Million of Cash and 34.9 Million Shares of Patterson-UTI...
by Efrain Garcia | Jun 21, 2023 | Upstream News
“We have competitively tendered major scopes of the development resulting in approximately 70% of total capital expenditure forecast as lump sum or fixed rate. The tendering process and direct engagement with contractors have confirmed both capability and...
by Efrain Garcia | Jun 20, 2023 | Upstream News
Civitas Resources to Enter Permian Basin through Transformative Transactions Highly accretive acquisitions to balance portfolio, create immediate scale, and enhance capital allocation flexibility DENVER–(BUSINESS WIRE)–Â Civitas Resources (NYSE: CIVI)...
by Efrain Garcia | Jun 15, 2023 | Upstream News
“Comprehensive U.S. Oilfield Services Franchise to Enhance Drilling and Completions Value Creation Potential and Maximize Returns for Shareholders Combined $5.4 Billion Total Enterprise Value Drives Improved Free Cash Flow Generation and Strong Balance Sheet to...
by Efrain Garcia | May 23, 2023 | Upstream News
Complementary to Chevron’s operations in important U.S. production basins Adds 10% to oil equivalent proved reserves for under $7 per barrel Accretive to earnings per share and return on capital employed (ROCE) Expected to add $1 billion to annual free cash flow SAN...
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