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Vista and Nabors to Deploy Third Drilling Rig to Vaca Muerta, Argentina [Yahoo! Finance]

Nabors Industries Ltd. (NBR) 
Last nabors industries ltd. earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.nabors.com
Company Research Source: Yahoo! Finance
signing of the contract to add a third drilling rig, aiming to accelerate Vista's development of Vaca Muerta in southern Argentina The signing occurred at Nabors' offices in Houston , with the participation of Juan Garoby , Co-founder and COO of Vista, Pablo Vera Pinto , Co-founder and CFO of Vista, Anthony Petrello , Chairman, CEO and President of Nabors, and William Restrepo , CFO of Nabors. Juan Garoby , COO of Vista said: "The addition of a third drilling rig will provide us flexibility to accelerate our activity plan in Vaca Muerta. We forecast to put into production between four to eight wells by year-end, in addition to the 46 previously announced. We are pleased to carry out this project in collaboration with Nabors, which represents a significant extension of a strategic relationship during Vista's early days, anchored in our One Team program." Anthony G. Petrello , Chairman, CEO and President of Nabors said: "By expanding our relationship with Vista and deploying advan Show less Read more
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