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Latest Drilling rig Stories

2014-08-19 16:22:41

SPRING, Texas, Aug. 19, 2014 /PRNewswire/ -- Jim Terry, CEO of Integrated Drilling Equipment Holdings Corp. ("IDE") (OTC: IRIG), announced today the appointment of Martin (Marty) Paulk, 52, as Senior Vice President of Sales, Marketing and Strategic Implementation, effective immediately. Prior to his appointment, Marty Paulk was the Senior Director-Global Technical Solutions and Strategy at Key Energy Services. Prior to his position at Key Energy Services, Mr. Paulk held leadership...

2014-08-14 20:21:26

Record Production at Glacier & Low Costs Drive 81% Increase in Funds from Operations (TSX: AAV, NYSE: AAV) CALGARY, Aug. 14, 2014 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report its unaudited financial and operating results for the three and six months ended June 30, 2014. Advantage's strong second quarter 2014 results demonstrate the high quality of our Glacier Montney asset and support the Corporation's three year development plan. During...

2014-08-14 08:23:35

DALLAS, Aug. 14, 2014 /PRNewswire/ -- RSP Permian, Inc. ("RSP" or the "Company") (NYSE: RSPP) today announced financial and operating results for the quarter ended June 30, 2014. In addition, the Company filed its Form 10-Q for the period ended June 30, 2014 with the United States Securities and Exchange Commission ("SEC") and posted an updated Investor Presentation on its website at www.rsppermian.com. Certain information presented in this release is on a pro forma basis, giving effect to...

2014-08-13 20:21:18

HOUSTON, Aug. 13, 2014 /PRNewswire/ -- Sidewinder Drilling Inc. (the "Company") announced August 13, 2014 it will hold a conference call with bond investors on Friday, August 22, 2014 at 10:00 AM (Eastern Time) to discuss Second Quarter 2014 results. Call-in details will be provided via email to Sidewinder's existing bond holders. For those bond holders who are in need of the details and have not received them, please call the Company. Sidewinder was formed in 2011 by the...

2014-08-12 08:22:58

FORT WORTH, Texas, Aug. 12, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of July 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 73,300 producing a rig utilization rate of 69%, compared to 74% and 71% in June 2014 and July 2013, respectively. During the month, Basic's fluid service truck count increased by three to 1,019. Fluid service truck...

2014-08-11 08:23:15

HOUSTON, Aug. 11, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that Tiffany J. ("TJ") Thom, has been appointed to the Company's Board of Directors. With Ms. Thom's appointment, the Patterson-UTI Board has been expanded to eight members. Ms. Thom has more than 20 years of operational and financial experience within the energy industry. Most recently, she held the position of Executive Vice President, Chief Financial Officer for EPL Oil & Gas,...

2014-08-06 08:25:00

HOUSTON, Aug. 6, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE-PKD), an international provider of contract drilling and drilling-related services and rental tools to the energy industry, today reported results for the quarter ended June 30, 2014, including net income of $15.7 million, or $0.13 per diluted share, on revenues of $254.2 million. Excluding non-routine items, the Company earned net income of $15.1 million or $0.12 per diluted share, compared with similarly adjusted 2014...

2014-08-05 08:24:15

HOUSTON, Aug. 5, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2014, the Company had an average of 207 drilling rigs operating in the United States and nine rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average...

2014-08-04 08:22:51

LONDON, Aug. 4, 2014 /PRNewswire/ -- Noble Corporation plc ("Noble") (NYSE: NE) announced today that it has completed the spin-off of all of the outstanding shares of Paragon Offshore plc ("Paragon") (NYSE: PGN), which owns most of Noble's standard specification drilling business. As a result, Noble and Paragon are now two separate, publicly-traded companies. On August 1, 2014, Noble distributed to its shareholders one ordinary share of Paragon for every three ordinary shares of...

2014-08-01 16:21:49

MONCTON, NB, Aug. 1, 2014 /CNW/ - Major Drilling Group International Inc. ("Major Drilling") (TSX: MDI) is pleased to announce that it has completed the previously announced acquisition of the assets and business of Taurus Drilling. Through this acquisition Major Drilling is entering into the underground percussive/longhole drilling sector with operations in Canada, the U.S. and Mexico. Pursuant to this transaction, Major Drilling has acquired 39 drill rigs, together with...


Word of the Day
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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