Archer awarded $400M drilling services contract extension in Argentina

Archer Limited received a two-year contract extension from Pan American Energy for drilling services in Argentina's Cerro Dragon field, valued at an estimated USD 400 million, covering 2 drilling rigs, 13 workover units and 13 pulling units.

“Pan American Energy LLC has agreed to extend the duration of Archer’s drilling services contract for further two years on improved terms.”news.cision.com

• 1 source
• news.cision.comArcher Limited: Archer awarded a two-year contract extension for drilling services in Argentina with an estimated new backlog of USD 235 million - Archer LimitedFeb 1, 2022

Summarized from public sources; check the original articles before acting on it.