Forbes Energy Services Announces Joint Venture to Provide Oilfield Services in Mexico
October 1st, 2008Forbes Energy Services Ltd. announced that a joint venture between the Company and Merco Ingenieria Industrial S.A. de C.V. has executed a 24-month contract with PEMEX Exploracion y Produccion, a subsidiary of Petroleos Mexicanos, to provide construction, workover and maintenance services to existing wells in Mexico. Under the terms of the initial $72 million contract, [...]