Nabors Places $575 Million of Senior Unsecured Notes and Patterson-UTI Energy Reports Financial Results for Fourth Quarter of 2007.

0 Comments | M2 Presswire, February, 2008

M2 PRESSWIRE-15 February 2008-U.S. Equity News: Nabors Places $575 Million of Senior Unsecured Notes and Patterson-UTI Energy Reports Financial Results for Fourth Quarter of 2007(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:15022008

City of Industry, CA -- Oil and Gas Exploration industry alert provided by U.S. Equity News. Nabors Industries Ltd. (NYSE: NBR) on Thursday February 14, 2008 announced that that its wholly owned subsidiary Nabors Industries Inc., sold $575 million in Senior Unsecured Notes with registration rights in a private placement under rule 144A. The notes will mature on February 15, 2018. The notes are fully and unconditionally guaranteed by Nabors Industries Ltd.

Torrent Energy Corporation (OTCBB: TREN) on Thursday February...

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