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Latest Drilling rig Stories

2014-05-01 12:24:41

WEST CHESTER, Pa., May 1, 2014 /PRNewswire/ -- Next week, Schramm Inc., a world-class manufacturer of land-based hydraulic drilling rigs, will introduce the T250XD--the latest addition to Schramm's Telemast line of trailer-mounted drilling rigs specifically designed for shale. The T250XD will be on display at the Offshore Technology Conference (OTC) in Houston Monday, May 5(th) - Thursday, May 8(th) outside the main entrance of the Reliant Center, booth #171. "We are excited to...

2014-04-25 12:22:54

TSXV: GGI OTC: GGIFF Frankfurt: RQM VANCOUVER, April 24, 2014 /PRNewswire/ - Garibaldi Resources Corp. (TSX.V: GGI) (the "Company" or "Garibaldi") is pleased to provide a progress update on its exploration activities in Mexico. Of particular note, first-ever diamond drilling at the La Patilla Gold Property in Sinaloa State has returned highly encouraging gold values near-surface including an interval grading 10.4 g/t Au over 8.5 meters in LP-14. First pass metallurgical testing...

2014-04-25 08:23:30

VANCOUVER, April 24, 2014 /PRNewswire/ - Tanzania Minerals Corp. (the "Company" or "TZM") (TSX-V: TZM.V) (FRANKFURT: TM0.F) is pleased to announce that it has entered into a letter of intent to acquire from Twigg Gold Ltd. ("Twigg") its 75% and 90% interest in the Igurubi and Msasa gold projects, respectively. Terms of the LOI TZM is to acquire Twigg's 75% interest in the Irugubi Project and Twigg's 90% interest in the Msasa Project for consideration of US $350,000 and 7...

2014-04-24 16:24:15

VANCOUVER, April 24, 2014 /PRNewswire/ - Tanzania Minerals Corp. (the "Company" or "TZM") (TSX-V: TZM.V) (FRANKFURT: TM0.F) is pleased to announce that it has entered into a letter of intent to acquire from Twigg Gold Ltd. ("Twigg") its 75% and 90% interest in the Igurubi and Msasa gold projects, respectively. Terms of the LOI TZM is to acquire Twigg's 75% interest in the Irugubi Project and Twigg's 90% interest in the Msasa Project for consideration of US $350,000 and 7...

2014-04-24 08:26:03

Advanced Software Enables Robotic Drilling Platforms CAMBRIDGE, Mass., April 24, 2014 /PRNewswire/ -- Energid Technologies announced today a new phase of development with Norway's Robotic Drilling Systems AS (RDS), which secured significant follow-on investment from oil industry partners last week. Energid will continue to tailor its premier robotics software, Actin, to meet the needs of oil and gas drillers worldwide, with beta deployments anticipated next year. RDS has embraced...

2014-04-24 08:24:20

HOUSTON, April 24, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2014. The Company reported net income of $34.8 million, or $0.24 per share, for the first quarter of 2014, compared to net income of $56.2 million, or $0.38 per share, for the quarter ended March 31, 2013. Revenues for the first quarter of 2014 were $678 million, compared to $667 million for the first quarter of 2013. Andy...

2014-04-22 16:23:32

HAMILTON, Bermuda, April 22, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) today reported its financial results for the first quarter of 2014. Adjusted income derived from operating activities was $109.0 million, compared to $143.1 million in the first quarter of 2013 and $159.6 million in the fourth quarter of 2013. Operating cash flow (EBITDA) was $391.2 million for the first quarter, compared to $412.5 million and $437.2 million, respectively, in the first and fourth...

2014-04-11 08:21:13

- Well count increases 4% compared to the first quarter 2013 HOUSTON, April 11, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore well count for the first quarter 2014 was 8,853 wells, down 230 wells or 3% compared to the fourth quarter 2013. Compared to the first quarter 2013, the well count was up 319 wells or 4%. Due to improved drilling efficiencies, the average US onshore drilling rig now produces 3% more wells compared to the same...

2014-04-07 16:21:17

LAFAYETTE, La., April 7, 2014 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) today provided an update on its first quarter operations and guidance, as well as results from the most recent borrowing base redetermination. Woodford The Company completed and placed on production six operated liquids-rich wells in its West Relay field during March 2014. Importantly, these six wells are the initial wells drilled in the Company's recently acquired 35,000-acre position, and are located...

2014-04-07 16:21:05

HOUSTON, April 7, 2014 /PRNewswire/ -- Sidewinder Drilling Inc. (the "Company") announced April 7, 2014 it will hold a conference call with bond investors on Wednesday, April 9, 2014 at 2:00 PM (Eastern Time) to discuss Fourth Quarter 2013 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 Company's...


Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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