Oil services provider Halliburton Co. said it has been awarded a $100 million, 4-year contract extension by Salym Petroleum Development NV for exploration and production services in Western Siberia, Russia.
Under the contract, Halliburton will drill new wells which include 400 s-shaped wells, plus directional and extended-reach wells. The company said the wells will have an average depth of 2,600 meters.
Shares of Halliburton rose 7 cents to $17.50 in premarket trading on Thursday.
source: yahoo
Under the contract, Halliburton will drill new wells which include 400 s-shaped wells, plus directional and extended-reach wells. The company said the wells will have an average depth of 2,600 meters.
Shares of Halliburton rose 7 cents to $17.50 in premarket trading on Thursday.
source: yahoo
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