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Latest Drilling rig Stories

2014-05-06 08:23:42

HOUSTON, May 6, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 14, 2014 at the Citi 2014 Global Energy and Utilities Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer. The presentation will be webcast live beginning at approximately 10:15 a.m. Eastern Time. To access the webcast, go to www.patenergy.com prior to the scheduled start time. About...

2014-05-05 08:22:21

HOUSTON, May 5, 2014 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2014, the Company had an average of 199 drilling rigs operating in the United States and one rig 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...

2014-05-02 23:06:14

MarketReportsOnline.com adds "Global Jack-up Rig Market Report: 2014 Edition" report to its research store. Dallas, Texas (PRWEB) May 02, 2014 Jackup rigs are mobile, self-elevating drilling platforms equipped with legs that can be lowered to the ocean floor until a foundation is established to support the drilling platform. Once a foundation is established, the drilling platform is then jacked further up the legs so that the platform is above the highest expected waves....

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...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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