The amount of the deal of Rosneft and Trican Well Service made up $150 mln

The amount of the deal on the purchase of a 100% stake in Trican Well Services (Canada) by Rosneft made up $150 mln, Trican Well Service reports.

 This amount comprises the initially stated value of the asset of $140 mln and $10 mln of initial amendment for the working capital. Later it is planned to make an additional amendment for the working capital and net debt.

We are glad we have closed this deal. We are proud of the business Trican Well Service has built in Russia. We think it is a good time for us to quit the Russian oil service market and focus on the rise of the profitability of our business in North America, head of Trican Well Service, D. Dusterhoft, said.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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