The Company also has received the commitment of a long-standing customer to execute a three-year drilling contract upon the rig's delivery, which is expected in June 2008. The cost of the rig ...

WW Energy Inc. subsidiary WW Oil and Gas Inc. has purchased a drill rig that it plans to use for drilling and re-working its oil and gas assets. WW Energy Inc. subsidiary WW Oil and Gas Inc.

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 4-rig increase in the week prior.