Well: Frances Dilworth No. 5H Working Interest: 75% Location: McMullen County, Texas Operator: San Isidro Development Company (25%) Antares is happy to announce the Nabors F07 rig has begun mobilizing on the Frances Dilworth No. 5H well location with drilling operations anticipated to begin within a week. The rig is a Programmable Alternating Current Electric (PACE) drilling rig and differs from the Nabors M34 rig in that the M34 has a 1,000 horsepower drawworks and the F07 has a 1,500 horsepower drawworks. The increased horsepower and larger drilling mast allows for more efficient tripping operations and the ability to drill longer lateral lengths. The Frances Dilworth No. 5H is the fourth well in the ten well 2010 drilling
AZZ Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held