DI INDUSTRIES ANNOUNCES AWARD OF INTERNATIONAL CONTRACT
DI INDUSTRIES ANNOUNCES AWARD OF INTERNATIONAL CONTRACT HOUSTON, Feb. 19 /PRNewswire/ -- DI Industries, Inc. (AMEX: DRL)
(the company) announced today that its International Division has been awarded a drilling contract in Argentina and that mobilization efforts of drilling equipment have now begun. Drilling operations are scheduled to begin in the second calendar quarter of 1992.
William G. Poplin, president, DI International, Inc., stated, "We are pleased to announce this entry into the international market. This is in keeping with DI's strategy of expanding into selected international markets while maintaining a strong presence in the U.S. market." DI Industries, Inc. provides onshore contract drilling and well workover services to firms in the oil and gas industry, commercial drilling, oil and gas exploration and production and equipment repair and sales. -0- 2/19/92 /CONTACT: David J. Cone, financial vice president of DI Industries, 713-874-0202/ (DRL) CO: DI Industries Inc. ST: Texas IN: OIL SU: CON SH -- NY012 -- 0307 02/19/92 09:35 EST
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|Date:||Feb 19, 1992|
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