Drilling rig

Wallbridge Intersects 17.79 g/t Au over 16.40 metres in Newly Discovered Eastern Extension of the Gabbro Zones

Retrieved on: 
Thursday, April 29, 2021
Industrial processes, Science and technology, Petroleum engineering, Petroleum geology, Economy, Oil well, Drilling rig, Gabbro, Drill

\xe2\x80\x9cThis eastern extension of the Main Gabbro, one of the important host rocks at Fenelon, has seen very limited drilling in the past only with shallow 100-200-metre holes.

Key Points: 
  • \xe2\x80\x9cThis eastern extension of the Main Gabbro, one of the important host rocks at Fenelon, has seen very limited drilling in the past only with shallow 100-200-metre holes.
  • The orientation of the zones appears to be similar to that of the Tabasco-Cayenne and Gabbro Zones, striking WNW-ESE.
  • Two drill rigs have been focusing on near-surface, open pit resource drilling in the western portion of Area 51.
  • All figures and a table with drill hole information of recently completed holes are posted on the Company\xe2\x80\x99s website under \xe2\x80\x9cCurrent Program\xe2\x80\x9d at https://www.wallbridgemining.com/s/fenelon.asp .\n'

Northern Vertex Reports Quarterly Production of 9,912 Gold Equivalent Ounces

Retrieved on: 
Monday, April 19, 2021
Communication, Forward-looking statement, Drilling rig, Articles, Petroleum

One diamond core and two Reverse Circulation (RC) drill rigs were used, with an approximate 60:40 RC to diamond core ratio.

Key Points: 
  • One diamond core and two Reverse Circulation (RC) drill rigs were used, with an approximate 60:40 RC to diamond core ratio.
  • Although Northern Vertex believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Northern Vertex can give no assurance that such expectations will prove to be correct.
  • Northern Vertex does not undertake any obligation to update forward-looking statements except as required by applicable securities laws.
  • Investors should not place undue reliance on forward-looking statements.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/northern-vertex-reports-quarterl...\nSOURCE Northern Vertex Mining Corp.\n'

GeoPark Announces First Quarter 2021 Operational Update

Retrieved on: 
Tuesday, April 13, 2021
Oil, Gas, Energy, Oil well, Drilling rig, Petroleum production, Petroleum industry, Inventions, Science and technology

During 1Q2021 the Company had two drilling rigs that drilled four wells, currently on production, and two disposal wells.\nThe CPO-5 block average net production increased by 69% to 3,964 bopd (or 13,213 bopd gross), representing 13% of GeoPark\xe2\x80\x99s net production in Colombia.

Key Points: 
  • During 1Q2021 the Company had two drilling rigs that drilled four wells, currently on production, and two disposal wells.\nThe CPO-5 block average net production increased by 69% to 3,964 bopd (or 13,213 bopd gross), representing 13% of GeoPark\xe2\x80\x99s net production in Colombia.
  • Maintenance and well intervention activities were carried out in the Jauke 1 well during 1Q2021 affecting gas production in the field in 1Q2021.
  • Maintenance and well intervention activities are currently being performed in the Jauke Oeste gas well.
  • Operating netback is equivalent to Adjusted EBITDA net of cash expenses included in Administrative, Geological and Geophysical and Other operating costs\n'

3 Ways To Play The Gold Boom This Summer

Retrieved on: 
Wednesday, April 14, 2021
Physical sciences, Chemistry, Chemical elements, Drilling rig, Petroleum engineering, Petroleum geology, Ashanti, Gold

Before going down, gold will set new historical record highs above the 2020\'s August high," Mint director Moy says.\nAngloGold Ashanti is a South Africa-based gold mining company.

Key Points: 
  • Before going down, gold will set new historical record highs above the 2020\'s August high," Mint director Moy says.\nAngloGold Ashanti is a South Africa-based gold mining company.
  • In early March, the Company announced they were bringing a second drill rig on property to join in on the program.
  • Meanwhile, the Eastern Gold Zone was only discovered in December of 2017 during a regional exploration drilling campaign.
  • This is for the more cautious gold investor.\nKinross has grown earnings per share (EPS) annually by 44%, compound, for the past three years.

3 Ways To Play The Gold Boom This Summer

Retrieved on: 
Wednesday, April 14, 2021
Physical sciences, Chemistry, Chemical elements, Drilling rig, Petroleum engineering, Petroleum geology, Ashanti, Gold

Before going down, gold will set new historical record highs above the 2020\'s August high," Mint director Moy says.\nAngloGold Ashanti is a South Africa-based gold mining company.

Key Points: 
  • Before going down, gold will set new historical record highs above the 2020\'s August high," Mint director Moy says.\nAngloGold Ashanti is a South Africa-based gold mining company.
  • In early March, the Company announced they were bringing a second drill rig on property to join in on the program.
  • Meanwhile, the Eastern Gold Zone was only discovered in December of 2017 during a regional exploration drilling campaign.
  • This is for the more cautious gold investor.\nKinross has grown earnings per share (EPS) annually by 44%, compound, for the past three years.

Land Drilling Rigs Market Analysis and Forecast Report 2021-2025 with Q1,2021 COVID-19 Impact Update|Technavio

Retrieved on: 
Monday, April 12, 2021
Business process, Articles, Demographics, Market segmentation, Market research, Drilling rig

b"Technavio has monitored the land drilling rigs market in its latest market research report.

Key Points: 
  • b"Technavio has monitored the land drilling rigs market in its latest market research report.
  • The market is poised to grow by USD 3.26 billion during 2021-2025 and registering a CAGR of almost 3% during the forecast period.
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.\nThe land drilling rigs market report extensively covers market segmentation by type (conventional rigs and mobile rigs) and geography (The Middle East and Africa, North America, APAC, Europe, and South America).
  • For more information, Download FREE Sample Report\nReasons to buy this report:\nFind deeper market insights and forecast information about current market developments.\nExplore insights on key market accelerating factors.\nIdentify potential threats to the market growth.\nUnderstand the impact of trends likely to influence market growth positively or negatively.\nRelated Report on Energy Include:\n"

Integra Intersects High Grade Gold-Silver at Florida Mountain, Continues Exploration Success at Lucky Days, Adds Two Additional Drill Rigs

Retrieved on: 
Thursday, April 8, 2021
Petroleum geology, Drilling rig, Petroleum engineering, Seed drill, Drill music, Petroleum industry, Science and technology, Petroleum

Additional surface work is planned to delineate future drill targets in this central portion of Lucky Days.

Key Points: 
  • Additional surface work is planned to delineate future drill targets in this central portion of Lucky Days.
  • Integras drill campaign in the BlackSheep District represents the first concerted exploration program in this highly prospective area.
  • The drill results announced today provide a significant basis for expanding the current exploration drill program from two drill rigs to four drill rigs by the end of April.
  • The additional drill rigs will be positioned at Florida Mountain and in the BlackSheep District.

Great Bear Adds Sixth Drill at Dixie

Retrieved on: 
Wednesday, April 7, 2021
Industrial processes, Science and technology, Petroleum engineering, Petroleum geology, Articles, Drilling rig, Drill, Oil well, Borehole

Great Bear is pleased to announce the arrival of a sixth drill rig at the Dixie Project.

Key Points: 
  • Great Bear is pleased to announce the arrival of a sixth drill rig at the Dixie Project.
  • The intervening 400 metre gap requires follow up drilling for this and the other two recent deep drill holes.
  • All LP Fault drill hole highlighted assays, plus drill collar locations and orientations can also be downloaded at the Company's web site.
  • Great Bear Resources Ltd.is a well-financed gold exploration company managed by a team with a track record of success in mineral exploration.

Clarity Gold Mobilizes Second Rig for Ongoing Drill Program in Quebec

Retrieved on: 
Wednesday, April 7, 2021
Petroleum engineering, Petroleum geology, Drilling rig, Oil well, Science and technology, Rig, Inventions, Technology, Copiapó mining accident

The rig will commence operations at the GAP Zone, a coarsely drilled zone along strike and east of the DAC Zone.

Key Points: 
  • The rig will commence operations at the GAP Zone, a coarsely drilled zone along strike and east of the DAC Zone.
  • Salient results from previous drilling in the GAP Zone include 16.1 g/t Au over 6 m from 85.5 m including 90.3 g/t Au over 1 m.
    We are very excited to bring a second drill rig into our ongoing program, said James Rogers, CEO of Clarity.
  • As exploration progresses, the addition of the second drill rig will increase efficiency allowing the company to more rapidly complete the planned program.
  • Clarity Gold Corp. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold projects in Canada.

Bonanza Creek Energy Announces 2021 Guidance

Retrieved on: 
Monday, April 5, 2021
Petroleum geology, DUC, Oil well, Drilling rig, Inventions, Science and technology, Economies

The Companys 2021 capital plan includes completing 45 gross (39.9 net) drilled, uncompleted (DUC) wells, and picking up a drilling rig in 4Q 2021, with completions of those newly drilled wells to begin in 2022.

Key Points: 
  • The Companys 2021 capital plan includes completing 45 gross (39.9 net) drilled, uncompleted (DUC) wells, and picking up a drilling rig in 4Q 2021, with completions of those newly drilled wells to begin in 2022.
  • The Company started completion activities in early January on Bonanza Creek DUCs, and we expect to begin completing DUCs from HighPoints inventory during the third quarter of 2021.
  • Bonanza Creek Energy, Inc. is an independent oil and natural gas company engaged in the acquisition, exploration, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region of the United States.
  • As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.