Precision Drilling Completes Acquisition of CWC Energy Services Corp.
Benzinga
NOVEMBER 8, 2023
The total consideration for CWC included 947,807 Precision common shares, approximately $14 million in cash, plus the assumption of CWC's net debt of approximately $38 million, excluding transaction costs. The total transaction value for CWC was approximately $127 million on November 7, 2023. Our drilling services are enhanced.
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