The National Law Review

Prospera Energy Inc. Announces Service Rig Update, Closing of Acquisition, Warrant Amendments, Stock Option Grant, and Shares-for-Debt Settlement

CALGARY, Alberta, March 25, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) ("Prospera", “PEI” or the "Corporation") Prospera Energy completed a total of thirty-two workovers ...
Rigzone

Arena Energy Mobilizes Refurbished Rig for GOM Operations

Arena Energy LLC and White Fleet Drilling LLC have mobilized a refurbished WFD 400 jack-up drilling rig in the Gulf of Mexico (GOM). The WFD 400 will support drilling and development activities for ...
Oil

XTO drills Permian well with world’s first fully automated land rig

XTO Energy Inc., a subsidiary of ExxonMobil Corp., drilled a horizontal well in the Permian basin using Nabors PACE-R801 fully automated land rig. The rig is contracted to drill three horizontal wells ...
Machine Design

A Canadian Rig Rolls On—Even in Rough Weather

Workers at AKITA Drilling had seen these conditions before. With temperatures at nearly 40 degrees below zero and winds at 60 miles per hour in Saskatchewan, workers had to shut down potash drilling ...

Nabors' Saudi JV cleared to resume operations for two suspended rigs

Nabors Industries (NBR) +1% pre-market Monday after saying its SANAD land drilling joint venture in Saudi Arabia received notice requesting two rigs, for which work had been temporarily suspended, ...
Morningstar

Prospera Energy Inc. Announces Service Rig Update, Closing of Acquisition, Warrant Amendments, Stock Option Grant, and Shares-for-Debt Settlement

Service Rig Update Prospera Energy completed a total of thirty-two workovers and reactivations in Q1 2025 before releasing service rigs for spring break-up on March 20 th. This included sixteen ...