NEW WESTMINSTER, BRITISH COLUMBIA -- (Marketwire) -- 02/28/13 -- Cabo Drilling Corp. ("Cabo" or the "Company") (TSX VENTURE: CBE) reports the Company's results for its fiscal year 2013 second quarter ended December 31, 2012.
NEW WESTMINSTER, BRITISH COLUMBIA -- (Marketwire) -- 12/11/12 -- Cabo Drilling Corp. (TSX VENTURE: CBE)(FRANKFURT: DHL) ("Cabo Drilling" or the "Company") announces that Cabo Drilling (Colombia) Corp. ("Cabo Colombia") has renewed its contract with Red Eagle Mining Corporation ("Red Eagle") for an additional 17,000 meters of drilling on Red [...]
Cabo Drilling along with its Business Cooperation Agreement partner, Geoplano, is pleased to announce the award of two surface drilling contracts with Almina - Minas do Alentejo,. Almina is a Portuguese mining company located 170 km south of Lisbon in the agricultural town of Aljustrel, in Portugal's Alentejo region. The mining area is 4.7 km² wide [...]
Cabo Drilling generated gross revenues of $13.84 million during the 1st quarter of fiscal 2013," stated Mr. Versfelt, Cabo Drilling's President and CEO. "This represents a decrease of 18% compared to the first quarter of fiscal 2012 and an increase of 2%, compared to the fourth quarter of fiscal 2012.
Cabo Drilling announces that Geoplano and Cabo Drilling have signed a Business Cooperation Agreement to support each other's efforts in offering expanded geological services to mineral exploration and mining companies active in the Iberian Peninsula and select countries of North Africa. "Aligning Cabo Drilling's experience with core and reverse [...]
Cabo Drilling announces that Cabo Drilling (Panama) Corp. and Fugro Panama formed an alliance to supply geotechnical drilling services at the Cristobal 2 Port Site at the Caribbean entrance to the Panama Canal. Pursuant to the agreement between Cabo Drilling and Fugro, Cabo Drilling supplied drill equipment and a drill crew for marine geotechnical [...]
Fiscal revenue for the year ended June 30, 2012, of $58.95 million, a 36% increase compared to $43.42 million in fiscal 2011, and quarterly revenue for the 4th quarter of fiscal 2012 of $13.61 million, a 5% improvement compared to $13.03 million in the 4th quarter fiscal 2011.
Cabo Drilling announces that Jantar Grupa and Cabo Drilling have signed a Business Cooperation Agreement to exclusively market their services to their respective customers and other companies and consultants in the mining and mineral exploration industry in Serbia and Bosnia-Herzegovina.
Cabo Drilling and Dawn - Works Inc. announce the signing of an Alliance Agreement whereby the parties will work together to seek out drilling service contracts with exploration and mining companies within the Labrador region. Dawn - Works Inc. will facilitate collaboration and engagement between our Strategic Partners and contracting agents [...]
Cabo Drilling announces that Cabo Drilling (Pacific) Corp. has been awarded a labour contract for shallow and deep hole drilling at Canadian Zinc Corporation's Prairie Creek Minesite located in the Northwest Territories, Canada. Under the terms of the contract, Cabo Drilling will provide drill crews and supervision for 2 skid mounted diamond drill [...]
Cabo Drilling announces that Cabo Drilling (Ontario) Corp. has been awarded a drilling contract and a labour contract by Century Iron Mines. Under the terms of the contracts Cabo Drilling will provide and operate an Acker reverse circulation drill as well as provide drill crews and supervision for two of Century Iron's drills on their Schefferville [...]
Cabo Drilling announces that the Company has entered into a new $3 million equipment loan facility with GE Capital, Canada. The loan proceeds will be used to pay out approximately $1 million remaining under lending facilities with HSBC Canada, and to provide approximately $2 million of working capital. At this time, the Company is working through [...]
