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PRIDE PETROLEUM SERVICES APPOINTS JAMES W. ALLEN TO HEAD LATIN AMERICAN OPERATIONS

 HOUSTON, Aug. 24 /PRNewswire/ -- Pride Petroleum Services, Inc. (NASDAQ: PRDE) has appointed James W. Allen, 49, vice president - Latin American operations. Allen joined Pride in 1992 with responsibility for developing Pride's business in Central and South America. In July 1993, Pride acquired businesses in Venezuela and Argentina. Currently the company's Latin American operations include 17 rigs in Venezuela and 23 rigs in Argentina performing both well servicing and drilling work.
 Additionally, Pride announced that it is mobilizing five of its domestic rigs to Argentina, thereby increasing its Argentine rig fleet to 28 units.
 Pride Petroleum Services, Inc., headquartered in Houston, is a domestic and international well servicing company.
 -0- 8/24/93
 /CONTACT: Paul A. Bragg of Pride Petroleum Services, 713-789-1400, or Pat Hoyt of Hoyt & Associates, 713-665-2549/
 (PRDE)


CO: Pride Petroleum Services, Inc. ST: Texas IN: OIL SU: PER

MP -- NY014 -- 5339 08/24/93 09:18 EDT
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Publication:PR Newswire
Date:Aug 24, 1993
Words:149
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