DOW JONES NEWSWIRES
Halliburton Co. (HAL) Chief Executive Dave Lesar said the company is in the process of building the first of several bases in Iraq to take advantage of the demand for oilfield services there.
"There's going to be plenty of work in Iraq. And believe me, all of the service companies will have opportunities there," Lesar said during a conference call to discuss the Halliburton's first-quarter earnings.
Halliburton has plans for a series of bases in Iraq and is in the process of securing land and facilities.
-By Jason Womack, Dow Jones Newswires; 713-547-9201; jason.womack@dowjones.com