This one slipped under the radar for a bit. At the end of June, Pittsburgh-area Falcon Drilling, a Marcellus and Utica shale drilling contractor, announced it is buying out and merging in another Pittsburgh-area drilling company, Complete Drilling Solutions. Terms of the deal were not disclosed.
Continue reading
Falcon Drilling, which operates 13 drilling rigs in PA, WV and the OH Marcellus and Utica, has just purchased three new drilling rigs for their northeast drilling operations–good news for Marcellus and Utica operators.
Here’s the low down on the types of rigs Falcon has just purchased, and where they plan to use them…
Continue reading
More than $6 million was embezzled from Falcon Drilling Co. over the past eight years by two of its employees. Falcon is a Marcellus Shale drilling contractor with 13 rigs headquartered in Indiana, PA.
On Monday, federal prosecutors charged a former controller at the company with conspiracy to embezzle. Previously, the Chief Operating Officer (COO) had been charged.