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KS Energy’s Indirect Subsidiary Awarded US$4.1 Million Contract
Daily Bulletin | 03 December 2015
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KS Energy’s indirect subsidiary, Atlantic Onshore Services, has been awarded a contract for the KS Discoverer 3 land drilling rig.

The work in Pakistan is expected to begin in January 2016 and the expected value of the new contract is approximately US$4.1 million. Atlantic Onshore Services is a subsidiary of KS Drilling, which is in turn an 80 percent owned subsidiary of the group.

KS Energy  -- -- --   
Business: An integrated oilfield supply & services providers. [FY18 Turnover] Drilling (98.4%), engineering (1.6%).

Insight: May-19, 1Q19 revenue slid 58.7% due to decreased r... Read More


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