AOOR: Apollo Drilling Deploys First Rig
Tuesday October 10, 12:47 pm ET
DALLAS--(BUSINESS WIRE)--Siam Imports, Inc., dba Apollo Drilling. Inc. (OTCBB:SIMP - News), today announced that it has deployed its first drilling rig to the Brockman 37-7 well site on the Brockman Ranch lease in Sutton County, TX, approximately 35 miles north of Rocks Springs, TX.
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The rig is under contract with Mex Tex Operating Company and is scheduled to drill 12 natural gas wells on the location of the Brockman Ranch lease. The contract depths of each well will vary from 3,600 to 4,400 feet per well, and the parties estimate that each well will take between 6 to 10 days to complete.
Apollo Drilling, Inc. is a public company focused on providing contract land drilling services to upstream oil and gas exploration, development, and production companies. The Company is a majority owned subsidiary of Apollo Resources International, Inc. (OTCBB:AOOR - News)
Contact:
Apollo Resources International, Inc., Dallas
Investor Contact
Doug Jones, 214-522-0915
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Source: Apollo Resources International, Inc.