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Gold/Mining/Energy : Weatherford International (WFT)

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To: Douglas V. Fant who wrote (52)	8/31/1998 12:50:00 PM
From: JakeStraw	Read Replies (1) of 142

I just saw this: Thursday, August 27, 1998 08:30 AM Multi-Year Contract Anticipated to Generate Revenue of Approximately $10 Million Per Year HOUSTON, Aug. 27 /PRNewswire/ -- EVI Weatherford, Inc. (NYSE: EVI) announced today that the company's Completion and Oilfield Services Group has been awarded a multi-year contract to provide a broad package of products and services for the ongoing development of Shell U.K. Exploration and Production's Brent Field. Shell U.K. Exploration and Production operates in the U.K. sector of the North Sea on behalf of Shell and Esso. The contract has been placed by the field's Lead Well Engineering Contractor, Deutag Overseas (Curacao) N.V., and includes EVI Weatherford's fishing and milling services, drilling tools, and tubular installation services. The contract has an initial term of three years with two one-year extension options and it is anticipated to generate revenue of approximately $10 million per year. Houston-based EVI Weatherford is one of the world's largest providers of engineered products and specialized services to the drilling, completion and production sectors of the global oil and gas industry. SOURCE EVI Weatherford, Inc.

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