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Independence Contract Drilling was formed in 2011 as a vertically integrated premium land drilling services provider. From its wholly owned API certified manufacturing facility in Houston, Texas Independence Contract Drilling provides E&P operators the ShaleDriller series rigs. These rigs are fast moving, programmable AC rigs custom designed to be best in class for the development of shale plays and other areas where completions require long horizontal sections. The ShaleDriller is based on a proven rig design with units operating in all major US shale plays as well as Africa, Indonesia and Asia. Driven by superior design characteristics, ShaleDriller rigs provide a compelling value proposition to our customers. The fine control of key drilling parameters offered by ShaleDriller proprietary AC software code allows same-class wells to be drilled in almost half the time required by a mechanical rig and 20% faster than with DC equipment. Combined with the ShaleDriller`s fast mobilization this allows operators to drill four – eleven additional wells per year, per rig.
Porta Gas Inc is a Houston, TX-based company in the Energy and Utilities sector.
Transport Service Co is a Oak Brook, IL-based company in the Energy and Utilities sector.
Tenth Avenue Petroleum Corp. (“TPC”) (formerly Jadela Oil Corp) is a Calgary-based junior oil and gas exploration company operating in Western Canada. Jadela also operates in Texas through a wholly owned subsidiary, Jadela Oil (US) Operating LLC (Jadela (US)). Jadela US has acquired rights to exploit oil and gas mineral rights equalling 7,128 gross acres (784 net acres) in Maverick County, Texas. Jadela US has drilled one Eagle Ford formation well (El Indio #1H). The land is located 20 miles south of Eagle Pass and directly west of El Indio Texas. The primary Texas target zone is the Eagle Ford formation. As of May 20, 2015, there were 6,192,668 issued and outstanding common shares. There were 686,700 options entitling holder to purchase 686,700 common shares at an exercise price $ 0.075 per share. There were 1,666,000 warrants entitling holders to purchase 1,666,000 common shares. The exercise price for the warrants is $ 0.075 per common share for 1,564,000 warrants and $0.45 per common share for 102,000 warrants. Fully diluted there would be 9,265,368 common shares. The trading symbol on TSXV is “TPC”.
Martin Fluid Power Co is a Troy, MI-based company in the Energy and Utilities sector.