KS Energy’s Indirect Subsidiary Awarded US$4.1 Million Contract
KS Energy’s indirect subsidiary, Atlantic Onshore Services, has been awarded a contract for the KS Discoverer 3 land drilling rig.
The work in Pakistan is expected to begin in January 2016 and the expected value of the new contract is approximately US$4.1 million. Atlantic Onshore Services is a subsidiary of KS Drilling, which is in turn an 80 percent owned subsidiary of the group.
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