Exalo Drilling has commenced the implementation of a contract in Spain for Heyco Energy Iberia, which involves drilling one well and performing one reconstruction, with the possibility of extension for additional work. The works are being conducted in the northern part of Spain, near the town of Sotés. The project is being executed using Bentec Cantilever 2000 HP device Rig#315 and is expected to last approximately 5 months.
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