Unit Drilling sells assets to Cactus Drilling

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...

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

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