Energy & Mining International - Summer 2012 - (Page 86)

E M I C A B O D R I L L I N G ( P A N A M A ) C O R P. LATIN AMERICA SUMMER 2012 So Much More Cabo Drilling (Panama) has a workforce of 200 and a fleet of 125 drills, enabling its customer services to go well beyond mere drilling. • “We try to reach out where we can.” // HERB BUTLER, general manager Panama City Cabo Drilling (Panama) sees many potential growth opportunities for its operation.. [ BY ALAN DORICH ] To succeed, it is critical for firms to understand clients’ needs and deliver them in a professional, safe and cost-effective manner. Cabo Drilling (Panama) Corp. is up to the task, even when clients need more than its own capabilities, General Manager Herb Butler says. “We’re more than a drilling company,” PROFILE he says, adding the firm builds drill pads, helicopter pads and trails, and clears land for its current project. “We try to reach out where we can to take as much burden from the client as possible.” Based in Panama City, the drilling services firm is a satellite branch of Cabo Drilling Corp., based in Vancouver. Initially, when Cabo Drilling (Panama) started operations in 2007, it arrived in Panama with two man-portable drills. The company served Cuprum Resources Corp. on its Cerro Chorcha and Cerro Quema projects, and since then, it has grown to employ a staff of 200 and has more than 125 drills in its fleet worldwide. Currently, Cabo Drilling (Panama) is at work on Minera Panama S.A.’s Minera Cobre copper mine project. Located in the District of Dinoso, the site is estimated to have 3.27 billion tonnes grading 0.36 percent copper, 0.06 grams per tonne gold and 0.007 percent molybdenum. These mineral resources include proven and probable mineral reserves of 2.14 billion tonnes grading 0.41 percent copper 0.07 grams per tonne of gold and 0.008 percent molybdenum. “We expect to have eight drills on the project in 2012 and given the size of this ore body, we intend on being here for several years,” Butler says. ADDING VALUE A 35-year veteran of the drilling industry, Butler worked as an independent contractor for several years before coming to Cabo Drilling (Panama). At the time, the majority of Butler’s experience was in Canada, but he was eager to face new opportunities in other counties. Cabo Drilling (Panama) Corp.. | Headquarters: Panama City | Employees: 200 Specialty: Drilling services 86

Table of Contents for the Digital Edition of Energy & Mining International - Summer 2012

Energy & Mining International - Summer 2012
Wind Financing
Latin American Energy
Mining Developments
Wabash Mfg. Inc.
Mega Precious Metals
Iron Ore Company of Canada
Rainy River Resources Ltd.
Canada Energy
Gear Energy
Manitok Energy Inc.
Chieftain Metals
IC Potash
Nyrstar Langlois Mine
Phoenix Technology Services Inc.
Waycon Manufacturing Ltd.
Tuscany International Drilling
Latin America Focus
Canacol Energy
Orosur Mining
Lithium One Inc.
Cabo Drilling (Panama) Corp.
Continental Gold Ltd.
Guyana Oil Co. Ltd.
Batero Gold Corp.
The Williston Basin
Primary Petroleum
Sanjel Corp.
Summit Energy Services
Kengor Metals LLC
Stone Energy
Holloway Pipe
McFarren Group – Appalachian Transload Services
Trumbull Corp.
De-Cal Mechanical
Buck’s Fabricating
ITI Trailers & Truck Bodies
Hamilton Machine/ ValTek Industries
Rodenberg Diversified LLC
Mazzella Lifting Technologies
Independence Excavating
Magna-Solutions LLC
Blackhawk Specialty Tools LLC
MinExpo 2012
Rail-Veyor Technologies
STW Technic
RAM Enterprise
Miner Elastomer Products Corp.
McElroy Manufacturing
REICHdrill Inc.
Gunnebo Johnson Corp.
The Timken Co.
K/M Specialty Pumps & Systems Inc.
Schroeder Industries
The Reinforced Earth Co.
Geoprobe Systems®
Sumitomo Pogo Mine LLC – Pogo Mine
Power Service Inc.
National Pump Co.
Peak Oilfield Service Co.
TonaTec Exploration
Xtreme Oil & Gas Inc.
White Tiger Gold
TransAtlantic Petroleum Ltd.
Lydford Mining Co.
MFM Industries Inc.
Crescent Companies
Tri State Tank
Aquila Resources
Armstrong Coal
EnerJex Resources Inc.
Sanchez Energy Corp.
Chatham Steel Corp.
Ad Index
The Final Shot

Energy & Mining International - Summer 2012