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BRIEF-Newpark Resources announces two international fluids contract awards
May 15, 2017 / 12:48 PM / 6 months ago

BRIEF-Newpark Resources announces two international fluids contract awards

May 15 (Reuters) - Newpark Resources Inc

* Newpark resources announces two international fluids contract awards

* Newpark resources inc - work under this contract is expected to begin in late 2017 and generate total revenues of approximately $20 million over a two-year period

* Newpark resources inc - separately, company also announced that it was awarded a three-year contract with cairn oil & gas

* Newpark resources- contract with cairn oil & gas contains option to extend term for one additional year, work expected to begin in q3 of 2017

* Newpark resources - work under cairn contract expected to begin in q3 2017, generate total revenues of about $50 million over initial three-year term

* Newpark resources inc - contract with cairn oil & gas to provide drilling and completion fluids, along with services, in support of cairn’s onshore drilling in india Source text for Eikon: Further company coverage:

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