Xtreme Coil lands a Saudi contract but suffers a setback in Mexico

摘要

Xtreme Coil Drilling Corp. says Christensen Saudi Arabia Limited, an affiliate of Baker Hughes Incorporated, has awarded the two-year contract to Xtreme (Luxembourg) S.A., a wholly owned subsidiary. The contract requires two fit-for-purpose drilling rigs to perform underbalanced coiled-tubing drilling on re-entry wells in the natural gas fields located in southern Saudi Arabia.