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re: Oilfield rumors

Posted on 4/18/14 at 4:21 pm to carbola
Posted by barry
Location, Location, Location
Member since Aug 2006
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Posted on 4/18/14 at 4:21 pm to carbola
quote:
WFT is starting to get rid of their drilling divisions, or at least what everyone in WFT has been telling me on rigs


Selling Wellheads, pipeline and specialty services, drilling fluids, testing and production services, and IPO'ing rigs
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Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
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Posted on 4/22/14 at 10:39 am to barry
WFT announced the sale of their Pipeline and Process division to BakerHughes for $250mm

LINK

Wilson is a cash hemorrhaging pig, no surprise they are trying to cut Wilson away from mother NOV
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