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Finantialon Jun 09, 2015 7:05am
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Advanced Heli Core Inc develop a new drill
Advanced Heli Core Inc develop a new drill
Advanced Heli Core Inc of Sussex N.B. develop a drill called the Rhino. “First-of-its kind, one third the size of conventional rig”. “Can be set up on a small site in six hours”. “It’s small and light enough to be transported to remote sites using a lift helicopter…which will allow it to be used year-round”. “A Rhino can drill 75 wells a year, a typical rig can drill 15 to 25 wells a year”. The first prototype is being ship to Alberta. Source Time & Transcript, June 9, 2015 Section D.