Geotechnical Rig News

Calecore Buys Geotechnical Rig for 'Highland Spirit'

Calecore Directors Sarah Cashmore, Steven Lloyd and Richard Parkinson announce purchase of a geotechnical drilling rig for their DP2 vessel 'Highland Spirit', and also that the company has secured a third month rotation for the Kara Sea project in the Russian Arctic. Earlier this year Calecore obtained an investment from Netherlands based investment company VEP which sees the board of Calecore unchanged, but the drill rig purchase is viewed as the start of bringing significant and key assets to the balance sheet.