January 29, 2018 / 9:34 PM / 3 months ago

BRIEF-Cobra’S Puerto Rico Contract Increased To Approximately $445 Mln Update On Puerto Rico Activities

Reuters Staff

1 Min Read

Jan 29 (Reuters) - Mammoth Energy Services Inc:

* COBRA’S PUERTO RICO CONTRACT INCREASED TO APPROXIMATELY $445 MILLION; UPDATE ON PUERTO RICO ACTIVITIES

* UNIT COBRA ACQUISITIONS EXECUTED AMENDMENT TO EXISTING CONTRACT TO ASSIST IN RESTORATION OF UTILITY INFRASTRUCTURE ON PUERTO RICO

* IN AMENDMENT, COBRA’S ORIGINAL $200 MILLION AWARD HAS BEEN EXPANDED TO APPROXIMATELY $445 MILLION

* UNDER AMENDED CONTRACT, NUMBER OF SKILLED WORKERS REQUESTED BY PREPA, PROVIDED BY COBRA ALSO INCREASED TO AT LEAST 880 Source text for Eikon: Further company coverage:

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