Wentworth Energy, Inc. - Contract Drilling Services

Exploration and Production Contract Drilling Services

In July, Wentworth Energy acquired Barnico Drilling, Inc., a Texas-based oil and gas drilling services company. Barnico Drilling serves oil and gas companies exploring in the eastern U.S. A subsidiary of Wentworth Energy, Inc., the company provides contract drilling services primarily in East Texas.

Barnico is one of the most active land-based drilling contractors in the Region. Barnico currently owns and operates two drilling rigs with the capacity to provide drilling services on wells ranging from 2500 to 8,500 feet, and the ability to drill deeper wells when necessary. Barnico can also provide its own onsite trucking needs and owns a variety of equipment including a fleet of trucks, trailers, forklifts, and a heavy lift crane to provide quick backup for various rigs as needed during drilling operations.

Last year, Barnico recorded drilling and service revenues of $7.4 million. Barnico will, as it continues to provide contract drilling for its existing clients, immediately begin work on Wentworth Energy's oil and gas prospects in East Texas, specifically the Company's 27,557 acres of minerals in Anderson and Freestone Counties.

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