Okc-Based Bronco Drilling Seeks to Raise $80 M in Offering

Summary


Bronco Drilling Co. has announced a public offering of 3.5 million shares of common stock at $23 per share.

The Oklahoma City-based provider of contract land drilling services plans to use $50 million from the offering to repay outstanding debt from the purchase of Thomas Drilling Co.

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Okc-Based Bronco Drilling Seeks to Raise $80 M in Offering

Bronco will use the remainder of the proceeds to refurbish rigs a...

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