Rheochem to Provide Drilling Services Onshore Western Australia

Rheochem has signed a Master Services Agreement with ARC Energy Limited for the provision of drilling fluids and associated services and to support drilling and production operations in onshore Western Australia for a period of two years. ARC is a wholly owned subsidiary of ASX listed Australian Worldwide Exploration Limited.

Haydn Gardner, Chief Executive of Rheochem, commented, "We are extremely pleased to be working with ARC and this agreement adds further depth to our order book over the next two years. Despite the current world economic uncertainty, Rheochem is in an excellent financial position to continue its growth, with a strong Balance Sheet and good cash flows."



Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Mudlogger - NE Region
Expertise: Mud Logging
Location: Pennsylvania, PA
Equipment Operator - San Antonio
Expertise: Coil Tubing|Driller|Production Operator
Location: San Antonio, TX
Pump Operator San Antonio
Expertise: Coil Tubing
Location: San Antonio, TX
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours