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US contractor buys drilling player for $370 million — weeks after unveiling $5.4 billion merger

July 7, 2023 Mariel Alumit

Patterson-UTI buys drilling technology company just a month from announcing merger with NexTier Oilfield Solutions US oilfield services player Patterson-UTI Energy has struck a $370 million deal to acquire privately owned Ulterra Drilling Technologies from […]

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