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			CanElson Drilling Inc
			Symbol			CDI
			Shares Issued			26,100,001
			Close 2009-10-23			C$ 1.95
			Recent Sedar Documents

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CanElson Drilling to acquire rigs from Bronco Drilling

2009-11-05 12:54 ET - News Release

Mr. Elson McDougald reports

CANELSON DRILLING SIGNS LETTER OF INTENT TO PURCHASE DRILLING RIGS

CanElson Drilling Inc. has signed a letter of intent with Bronco Drilling Services Ltd., a wholly owned subsidiary of Bronco Energy Ltd., for the purchase of a telescopic double rig, a single rig, and related contracts and equipment for cash proceeds of $6.5-million.

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This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

CanElson Drilling to acquire rigs from Bronco Drilling

The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.