And welcome to the Drilling Tools International First Quarter 2025 Earnings Conference Call. At this time, all participants are on a listen-only mode. A question-and-answer session will follow the ...

EBITDA for Q1 2025 was $13.6 million or 28% of revenue, compared to only $6.7 million, or 19% of revenue, for Q1 2024. The net income for Q1 2025 was $5.6 million, or $0.12 per share, compared to a ...

CNW/ - CES Energy Solutions Corp. ("CES" or the "Company") (TSX: CEU) (OTC: CESDF) is pleased to announce strong financial ...

Detailed mapping, soil sampling and rock chip sampling recently completed by Novo at the John Bull Gold Project follows previously reported outstanding results by TechGen Metals L ...

The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the ...

The CEO of Europa Oil & Gas has responded to Burniston Parish Council’s unanimous decision to oppose the company’s plans for a gas drilling rig near Scarborough. Did you know with an ad-lite ...

One drilling rig executive told Upstream his company had looked at the Can Do, but the price was too expensive. A Singapore-based expert said there are 12 warm-stacked drillships globally and that ...

Executives have trimmed their full-year production forecast by more than 2% to about 200,000 boe/d. Matador Resources Co., Dallas, is trimming 2025 drilling and completion plans in response to ...

Canada's activity averaged 74 drilling rigs in the first quarter and surpassed the 73 active rigs in the same period last year. Canadian revenue per utilization day was $35,601 and comparable to ...

Trump’s mantra, “Drill, baby, drill,” turned into “wait, baby, wait,” he said. As a result, the industry isn’t adding rigs to drill when “price signals are so unclear,” The Center Square reported. The ...

The drillship is a full dual activity rig that is capable of drilling two wellbores at the same time and can operate in water depths of up to 12,000 feet. Its dynamic positioning system has been ...