SOVIET-U.S. JOINT VENTURE HIRES A PAIR OF PARKER RIGS

The Soviet-U.S. venture White Nights Joint Enterprise has signed a multiyear contract that will put the first drilling rigs owned by a U.S. contractor to work in the U.S.S.R. The contract awarded to Parker Drilling Co. International Ltd. calls for two state of the art rigs and supervisory personnel to operate in western Siberia.

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