Patterson UTI to acuire Ulterra

July 5th BREAKING:$370 Million Deal: Patterson-UTI Energy Announces Agreement to Acquire Global Drill Bit Company, Ulterra

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...

July 5th BREAKING:$370 Million Deal: Patterson-UTI Energy Announces Agreement to Acquire Global Drill Bit Company, Ulterra

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