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An update from Archer ( (ARHVF) ) is now available.
Archer Limited has secured a five-year contract valued at $600 million with YPF to provide drilling services in Vaca Muerta, Argentina. This agreement, which includes the operation of seven advanced drilling rigs, is expected to enhance Archer’s market position in the region and contribute to its revenue and profitability, ultimately benefiting shareholders.
More about Archer
Archer Limited operates in the oil and gas industry, providing drilling services with a focus on advanced technologies and operational excellence. The company is known for its collaboration with major players in the industry, such as YPF, and aims to strengthen its market position through strategic contracts.
YTD Price Performance: -10.57%
Average Trading Volume: 475,029
Current Market Cap: NOK2.13B
Learn more about ARHVF stock on TipRanks’ Stock Analysis page.