EDC to Build 2 New 2000HP Land Rigs for AMC

Energy Development Corporation signed a contract with AMC for the construction of two new 2000HP land rigs.

The 2000HP land rigs are robust drilling rigs that provide the needed operational technology and safety features for drilling in the harshest geothermal environments. These rigs will be well suited for the geothermal drilling operations in the Philippines.

The drilling rigs will be delivered to the Philippines by the end of 2012 and operating under their drilling company Thermaprime Well Services Inc.

"Geothermal companies are typically overlooked by most rig manufacturers. Green energy is a future development for many international countries and is still at the beginning in a long future to come," said Billy Gamble with AMC.

Energy Development Corporation is a pioneer in the geothermal energy industry with more than three decades of proven business viability. It has helped discover new ways of developing and commercializing renewable energy right at the heart of the resource – wherever the location and whatever the condition. This latest acquisition of two new 2000HP land rigs propels EDC as one of the biggest geothermal companies in the world.


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Company: Energy Development Corp. (EDC) more info
 - EDC to Build 2 New 2000HP Land Rigs for AMC (Apr 03)
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