Precision Drilling Corp.,Calgary,(NYSE:PDS0plans ot buy all of GlobalSantaFe Corp.'s (NYSE:GSF)worldwide land drilling assets for USdollar316.5 million in cash.The transaction is anticipated to be completed this quarter.The sale includes31 land rigs in tehMiddle East,North Africa and SouthAmerica,and a flet of specialized rig transport equipment that supports land rig operations in Kuwait and the Kuwaiti-Saudi Arabia Ptitioned Neutral Zone.
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