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Latest Drilling rig Stories

2014-10-23 08:25:39

Contracts Awarded to Two New Drillships HOUSTON, Oct. 23, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today reported third quarter 2014 net income of $53 million, or $0.38 per share, compared to net income of $95 million, or $0.68 per share, in the third quarter of 2013. Revenues in the third quarter of 2014 were $738 million, compared to revenues of $706 million in the third quarter of 2013. The Company today announced plans to retire and scrap six of its mid-water...

2014-10-23 08:25:21

HOUSTON, Oct. 23, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2014. Including the non-cash charge discussed below, the Company reported net income of $16.0 million, or $0.11 per share, for the third quarter of 2014, compared to net income of $74.4 million, or $0.51 per share, for the quarter ended September 30, 2013. Revenues for the third quarter of 2014 were $846 million, a...

2014-10-21 16:23:59

HAMILTON, Bermuda, Oct. 21, 2014 /PRNewswire/ -- Third-Quarter Highlights Include: -- EPS of $0.39, excluding net charges from strategic transactions -- Operating revenues increased 12% sequentially -- Secured 9 awards for additional rigs: 3 PACE®-X for U.S. and 6 for International -- Repurchased $250 million of common stock -- Repurchased $22 million face value of 6.15% 2018 notes Nabors Industries Ltd. (NYSE: NBR) today reported third-quarter 2014...

2014-10-21 12:25:32

VANCOUVER, Oct. 21, 2014 /PRNewswire/ - TANZANIA MINERALS CORP. (the "Company" or "TZM") (TSX-V: TZM.V) (FRANKFURT: TM0.F) is pleased to announce that it has acquired from Twigg Gold Ltd. ("Twigg") a 75% and 90% interest in the Igurubi and Msasa gold projects, respectively. Acquisition of Gold Assets TZM has acquired Twigg's 75% interest in the Igurubi Project and Twigg's 90% interest in the Msasa Project for a consideration of CAD $350,000 and 7 million common shares upon...

2014-10-21 08:26:00

LAKEWOOD, Colo., Oct. 21, 2014 /PRNewswire/ -- Pershing Gold Corporation (OTCQB: PGLC) ("Pershing Gold" or the "Company") is pleased to announce that its ongoing step-out core drilling program at Relief Canyon in Pershing County, Nevada continues to expand new high-grade gold zones in the North Target area, notably, RC14-203 (Relief Canyon 2014 drill hole 203) reported 0.119 ounces per ton ("opt") gold ("Au")/4.070 grams per tonne ("gpt") Au over 58.1 feet....

2014-10-20 20:23:32

CAMARILLO, CA, Oct. 20, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is providing an update on its Tishomingo Field, Caney shale oil operations in Oklahoma as well as its Polish shale gas project. Tishomingo Field, Oklahoma The Company's latest Caney shale oil well, the Hartgraves 1-5H well (100% interest) is flowing back after being completed with the Company's largest hydraulic stimulation to date. Over the last 5 days the well has been flowing at...

2014-10-20 16:22:52

HOUSTON, Oct. 20, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that one of its subsidiaries has completed the previously announced acquisition of the Texas-based pressure pumping assets of a privately held company. The acquisition included 148,250 horsepower of hydraulic fracturing equipment and provides Patterson-UTI with two additional bases of operations and employees to support customer activity in South Texas and East Texas. Patterson-UTI now...

2014-10-13 12:22:37

SALT LAKE CITY, Oct. 13, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN), today reported that drilling, coring and logging of the Karmin-1 well have been completed. Results of these operations show 30 meters of gas-saturated Rotliegend sandstone with porosity of up to 30%. The well flowed at a rate up to 6.7 mmcfg/d on a 22/64" choke with no water. It will now be completed for production and is expected to start producing early in 2016. PGNiG, the operator and 51% owner of...

2014-10-13 08:23:27

HOUSTON, Oct. 13, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will issue a press release and host a conference call and webcast related to its third quarter 2014 operating results on Thursday, October 23, 2014. The conference call and webcast will begin at 8:00 a.m. CDT and will include a discussion by management regarding the Company's results of operation. The news release and a live webcast of the conference call will be available...

2014-10-10 08:21:27

FORT WORTH, Texas, Oct. 10, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of September 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,800 producing a rig utilization rate of 71%, compared to 74% and 69% in August 2014 and September 2013, respectively. During the month, Basic's fluid service truck count increased by 21 to 1,045. Fluid...


Word of the Day
ween
  • To think; to imagine; to fancy.
  • To be of opinion; have the notion; think; imagine; suppose.
The word 'ween' comes from Middle English wene, from Old English wēn, wēna ("hope, weening, expectation"), from Proto-Germanic *wēniz, *wēnōn (“hope, expectation”), from Proto-Indo-European *wen- (“to strive, love, want, reach, win”).
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