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Re: geopressure post# 366

Wednesday, 07/24/2013 2:04:48 AM

Wednesday, July 24, 2013 2:04:48 AM

Post# of 464
Buccaneer owns the Glacier Rig. Here is their description. This is the rig that has drilled the previous 3 Kenai Loop wells.

The Glacier Rig is a Mesa 1000 carrier mounted land drilling rig. It was built in 2000 and can drill to depths of approximately 15,000'. The rig is unique in that it was designed and built with the input of the drillers that would operate the rig on the Kenai Peninsula, Alaska. It is described as a purpose-built truck mounted drilling rig designed for work on the peninsula. Glacier Rig was designed to operate close to neighborhoods on Alaska's Kenai Peninsula. The small size is ideal for pad drilling, minimizing the drilling footprint and impact to its surroundings.
The Glacier Rig was used to drill both of the Company's Kenai Loop wells in 2011 and the Company considers its acquisition as an enabling asset and ensures its ability to develop onshore projects.
Rig Specs

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