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		<title><![CDATA[Will Smith & W-H Energy Merger Imperil $4.4 Billion Drilling Fluids Venture?]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/100075/will-smith-w-h-energy-merger-imperil-44-billion-drilling-fluids-venture/]]></link>
		<description><![CDATA[Oilfield service provider Smith International, in a total transaction valued at approximately $3.2 billion, is acquiring W-H Energy Services, a supplier of petroleum drilling tools with leading-edge technology in directional drilling. Although a win-win for both companies, concerns are being expressed that the deal would put at risk an existing...]]></description>
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		<pubDate>Fri, 06 Jun 2008 12:08:29 -0700</pubDate>
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