Integra Group, together with its subsidiaries, provides drilling, workover, and other oilfield services to the petroleum industry; and manufactures specialized tools used in the exploration, development, and production of oil and gas. The company operates in Drilling and Workover, and Technology Services segments. Its services include oil and gas equipment rental services and servicing; oil and gas wells drilling services; bit services; integrated project management services; well construction; supervising services of personnel controlling; well testing; fishing services; and directional drilling services. The company’s services also comprise coring services; field development planning, moni...
Prospect Vernadskogo Street
Founded in 2004
Integra Inks Contract With Tyumenneftegaz on Well Construction at Rosneft's Russkoye Field
Jul 7 14
Integra has concluded a contract with Tyumenneftegaz on construction of 16 wells. Integra-Drilling will build 16 wells in 2014-2016 at the Russkoye oil and gas condensate field in Yamalo-Nenets autonomous district.
Integra Group, Special/Extraordinary Shareholders Meeting, May 21, 2014
May 5 14
Integra Group, Special/Extraordinary Shareholders Meeting, May 21, 2014., at 07:00 US Eastern Standard Time. Location: Intertrust Corporate Services (Cayman) Limited, 190 Elgin Avenue.
Integra Group Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2013
Apr 16 14
Integra Group reported audited consolidated earnings results for the year ended December 31, 2013. For the period, the company reported sales of $549,577,000 against $622,992,000 a year ago. Operating loss was $20,864,000 against $62,796,000 a year ago. Loss before income tax was $42,142,000 against $84,495,000 a year ago. Loss for the period was $42,424,000 against $193,414,000 a year ago. Comprehensive loss attributable to shareholders of the company of continuing operations was $52,002,000 against $73,954,000 a year ago. Adjusted EBITDA was $50,750,000 against $37,708,000 a year ago. Net cash provided by operating activities was $40,533,000 against $76,379,000 a year ago. Purchases of property, plant and equipment and intangible assets, was negative $29.4 million, decreasing from a $19.4 million in 2012. The decrease in free cash flow primarily was due to increased expenditures for purchase of property, plant and equipment and intangible assets partially financed from reduced net cash flows generated from the operating activities. Cash paid for purchase of property, plant and equipment intangible assets was $70.0 million against $57.0 million a year ago. Net debt as on December 31, 2013 was $122,877,000 against $164,763,000 a year ago.