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Sedco Forex is a partner in Arabian Drilling Co.WORK AREA: Arabian Gulf.Atwood OceanicsVICKSBURGRIG DESIGN; Marathon Le Tourneau Class 84,upgraded to Enhanced 116C, converted 60'' extended reach cantilever.CONSTRUCTION: Marathon LeTourneau, Vicksburg, Miss, 1975, modified1998.PERFORMANCE: Water depth--300''; Drillingdepth--25,000''.QUARTERS: 88 persons.HULL: 238'' x 209'' x 26'' (410'' leg length).VARIABLE LOAD: 2,500 t.HELIPORT: 72'' diameter.STORAGE: Mud & Cmt Bulk--9,500 sks; LiquidMud--2,100 bbl; Water for Drilling--8,500 bbl; The equity raise comes on the heels of the recently announced management restructuring at Karts International. President and CEO Charles Brister said, "bringing the right people to the company and then closing on this funding puts us in the driver''s seat to capitalize on the opportunities in front of us."Karts International recently announced two additions to its management team. The company appointed John R. Pettinger as special projects manager and J. Brian Willms to the newly created position of chief information officer. Beginning this month, I will be doing a series of articles on the fun kart industry. I have two main purposes for writing about this topic. First and foremost is to familiarize OPE dealers and technicians with the fun kart industry and to have them realize what a great, and largely untapped, opportunity awaits them in selling and servicing fun karts. My second purpose is to make consumers aware of the practical and recreational applications for these karts, especially for farmers and other people who live in rural areas with lots of open space. (They are also a ton of fun!) Though light in weight, Airbor magnetic drill has a powerful 1.6-hp air motor and 1,600-lb magnetic holding strength. With its extra rack, stroke length is extended to 10 1/4 in. Annular cutter capacity is up to 2 1/16 in. diam. Geared chuck adapter converts the unit to a standard drill press. The Slugger Air Force pneumatic drill, at 24 lbs, 6 1/4" high, is useful for confined area drilling. The drill''s features include a permanent magnet that turns on or off by air power, a cutter capacity of up to 1 1/16" diameter x 3/4" depth and the ability to use ShortSlugger cutters and frame cutters. These cutters'' geometry allows the operator to drill multi-layered truck frames in a single pass.
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