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December 10, 2012
06:24 EDTPDSPrecision Drilling announced contract award to build two rigs in Kuwait
Precision's wholly-owned international subsidiary, Grey Wolf Drilling International, recently contracted two rigs with Kuwait Oil Company for deep drilling operations in Kuwait. The two new 3000 HP rigs are expected to be deployed in 2014 for a firm service period of five years with a possible one year extension period at KOC's option.
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