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Applied Physics Systems acquired all Measurement While Drilling (MWD) assets of Koltek Energy Services, including a facility in Casper, Wyoming. Koltek will discontinue MWD services.
“Applied Physics Systems and Koltek, Inc. are pleased to announce they have entered into a definitive purchase agreement in which Applied Physics Systems will acquire all Measurement While Drilling (MWD) assets of Koltek Energy Services.”energynow.com
Summarized from public sources; check the original articles before acting on it.