Unit Corp. on Wednesday announced the following information regarding certain of its subsidiaries. Unit Corp. on Wednesday announced the following information regarding certain of its subsidiaries.
Unit Corp. has agreed to pay $133.1 million in common stock for 20 drilling rigs amid a nationwide decline in drilling activity. The Tulsa-based drilling contractor said Thursday it agreed to buy the ...
While the buyouts have minimal economic impact for the Oklahoma-based land driller, they serve as the opening salvo in what many say could be a deeper downturn in the fortunes of US drillers. Unit ...
The going price for the seven rig deal was $32 million, with $20 million to be paid in cash and $12 million issued in stock, representing 246,053 shares. Unit handed over $13.3 million in cash and ...
The US drilling rig count fell by 1 unit, reaching 631 rigs working for the week ended Sept. 1, according to Baker Hughes data. The count is down 129 units from the 760 rigs working this time a year ...
OKLAHOMA CITY - In its 50th year, Tulsa-based Unit Corp. is looking to boost its drilling rig operations with a new, high-tech rig that will be assembled at its Oklahoma City manufacturing center "We ...
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