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Article: CanElson Drilling Joint Venture Receives Approval and Signs Drilling Rig Contract for Mexico.
- Article from:
- Marketwire Canada
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CALGARY, ALBERTA, Nov 9, 2009 (Marketwire via COMTEX) -- CanElson Drilling Inc. ("CanElson") (TSX VENTURE:CDI) announced today that its Mexican joint venture company, Diavaz CanElson de Mexico, S.A. de C.V. ("DCM"), has entered into a one-year Integrated Drilling Services Rig Contract with DS Servicios Petroleros, S.A. de C.V. ("DS"). DCM has also now received approval of the Mexican National Commission of Foreign Investments to conduct "well drilling" activity. It is anticipated that the drilling rig will be operational in Mexico by December 2009, and will operate in the Ebano-Panuco-Cacalilao fields of Misantla-Tampico basin. CanElson will be providing the management ...