| Chairman, President, and CEO Dick Alario commented, "Key's October rig hours increased 10% from the month prior on an absolute basis and 5% on a per work day basis and include approximately 4,800 hours from our Russian operations. Domestically, Key's hours were up 6.7% on an absolute basis and 1.8% on a per work day basis with pricing remaining constant. During October, we experienced increases in activity from our larger customers as well as a shift in job mix with higher workover and drilling and completion hours than we saw in September." :theflyonthewall.com |
