BPS Drilling to Set Up Shop in Iraq

BPS Drilling has plans to open its operational office in the City of Erbil, located in the Kurdish Region of Iraq.

BPS will open an operational office in the capital city of Erbil along with secure storage space to support its drilling operations. The company plans to include a full well test/early production facility as part of its service package along with all down-hole completion equipment.

The activity level has increased with the award of exploration blocks to international oil companies and we see an opportunity to grow our Middle East operations in support of these companies.

BPS Drilling's operations will be focused in Kurdistan and will be supported by high performance 2000 and 1500 horsepower drilling rigs equipped with Top Drive Drilling Systems. In addition, the company is planning to supply 1000 horsepower rigs equipped with 500,000 pound rated masts capable of medium depth drilling and deep work over operations.

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