Any remaining proceeds will be used for general corporate purposes, to repay amounts outstanding under NII's commercial paper programme and to repurchase or repay other indebtedness of Nabors and its subsidiaries.
Spokesman Kelly Robinson said the ADEQ is seeking a contractor to cap and close full landfill cells at the NABORS site.
At closing, Nabors received total consideration valued, based on C and J's closing stock price on 23 March 2015, at approximately USD 1.
Fitch also placed the following rating on Nabors Industries, Ltd.
Nabors personnel working on remote Iraq land drilling sites, with Harris CapRock's Very Small Aperture Terminal (VSAT) services will be able to interconnect with the local base office and corporate headquarters.
27 November 2014 - US oilfield services and manufacturing firm C&J Energy Services Inc (NYSE:CJES) said it was exploring options to sell a portion or all of its business as an alternative to its merger with the completion and production services unit of Bermudan drilling and rig services provider Nabors Industries Ltd (NYSE:NBR).
Fitch also affirmed the rating of Nabors Industries, Ltd.
Nabors was consulted by Goldman Sachs & Co, Lazard Ltd (NYSE:LAZ) and Milbank on the deal, while C&J relied on the guidance of Citigroup Inc (NYSE:C), Tudor Pickering Holt & Co, Vinson & Elkins LLP and Fried Frank Harris Shriver & Jacobson LLP.
CHICAGO -- Following the announcement by Nabors Industries, Inc.
Drilling rig fleet company Nabors Industries Ltd (NYSE:NBR) on Monday reported the execution of an agreement to dispose its 100% ownership interest in Peak Oilfield Service Company LLC (Peak).
CHICAGO -- Fitch Ratings has affirmed the 'A-' Issuer Default Ratings (IDRs) of Nabors Industries, Inc.
Nabors Industries Ltd (NYSE:NBR) reported on Wednesday that it has priced USD700m in senior unsecured notes in a private placement offering.