A company based in Austin, Texas, along with its Australian operating company, Daly Waters Energy (DWE), and INPEX Pty Ltd (INPEX), have partnered with Helmerich & Payne (NYSE: HP) to secure an H&P FlexRig® for operations in Australia. This collaboration marks a significant step forward as they push forward with advancing the Beetaloo Basin for appraisal and development. The contracted rig is anticipated to be on-site in Australia by the second quarter, providing essential drilling capacity for the upcoming phase of operations.
