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Re: zigbee post# 1902

Sunday, 10/02/2005 8:34:33 AM

Sunday, October 02, 2005 8:34:33 AM

Post# of 44006
zigbee, "the new big Ideco 8,000' Rig", I don't think it's that big except in your mind...check out Grey Wolf's list of land rigs. Only three rigs in that range, all others much larger, BTW, they have nineteen rigs in inventory if you need one instead of waiting 6-12 months.

http://www.gwdrilling.com/riglist.htm

Also what the GW CEO says about directional drilling, now 3000 HP is a BIG rig, 30,000 ft. I don't know for sure, but I think you need the horsepower for horizonal drilling.

We recently relocated a 3,000-horsepower rig from our Rocky Mountain division to West Texas, where customers are seeking equipment capable of complex horizontal drilling programs.

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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