Upstream Calendar

Networking with a Purpose

  • Upcoming Events
  • Featured Articles
  • Industry News
  • Jobs
  • Contact Us
Unit Corporation Announces Sale of Its Contract Drilling Business to Cactus Drilling for $120M

Unit Corporation Announces Sale of Its Contract Drilling Business to Cactus Drilling for $120M

by Efrain Garcia | Nov 2, 2025 | Upstream News

This article is brought to you by: Charter Pipe, Leaders in OCTG Oct 1, 2025 | News TULSA, Okla. – Unit Corporation (OTCQX: UNTC) (Company) today announced that it signed and simultaneously closed a definitive agreement to sell its wholly-owned contract drilling...

Recent Posts

  • Occidental Announces Gulf of America Oil Discovery at Bandit
  • Offshore News Suriname : Valaris Enters Strategic Collaboration Agreement
  • Transocean Ltd. Announces Contract Awards Totaling $1.0 Billion and Retirement of Senior Secured Notes
  • Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026
  • PROMO: Become an Allstream Energy Partners Member starting at $1500 for the Whole Year

Recent Comments