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C.A.T. Oil AG wins two hydraulic fracturing tenders in Western Siberia

Published: July 5, 2010; 00:00 · (Vindobona)

C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, has been announced as the winner of two tenders for hydraulic fracturing services in Western Siberia.

C.A.T. Oil AG wins two hydraulic fracturing tenders in Western Siberia / Picture: © C.A.T. Oil

C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the leading providers of oil and gas field services in Russia and Kazakhstan, has been announced as the winner of two tenders, through its operating subsidiary CATKoneft, for hydraulic fracturing services in Western Siberia with one of its core customers LUKOIL.

Assuming a new average €/€ exchange rate of 39, the total value of…

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