Predator Drilling Inc. is pleased to announce the acquisition of 12 modern drilling rigs and associated assets. The new rigs, combined with Predator's existing fleet, bring their total fleet to 27 rigs.
Shane Walper, President & CEO of Predator Drilling states; "We are very excited about what these additional rigs mean to Predator Drilling. We have significantly strengthened our existing capacity to serve our clients with coring, surface setting and shallow horizontal drilling services. In addition, we now have state of the art slant drilling rigs and are able to offer services in the slant drilling market. Overall, this acquisition is accretive to the value of the company and despite the current industry challenges, we are grateful for the opportunity we have been afforded to grow our company and are optimistic about our future."
Key data points: The growth forecast = 5.0% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in tight gas market to 2031 by type (processed tight gas and unprocessed tight gas), application (residential, commercial, industrial production, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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