Aug 31 (Reuters) - Superior Drilling Products Inc SDPI.A :
* Announces sales of previously operated drill-n-ream tools and expansion of territory for Drilling Tools International Inc
* Drilling Tools International has agreed to purchase $0.5 million of previously operated drill-n-ream well bore conditioning tools
* In connection with agreement, SDP eliminated about $1.2 million in annual costs related to sales, tool distribution infrastructure Source text for Eikon: ID:nGNXNABUMa Further company coverage: SDPI.A