Pioneer Energy Services Renews Contracts with Ecopetrol for 8 Rigs in Colombia

by Benzinga Staff
January 8, 2014 4:29 PM | 21 seconds read | Make a Comment

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Pioneer Energy Services (NYSE: PES) today announced it has renewed its drilling contracts with Ecopetrol (NYSEL EC) for all eight of its drilling rigs in Colombia effective January 1, 2014. Pioneer recently operated six rigs for Ecopetrol under contracts that expired on December 31, 2013. The renewed contracts have a one-year fixed term and a slight improvement in day rates as compared to the current contracts.

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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