Particle Drilling Technologies Inc. Resources | BNET
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Particle Drilling Technologies Inc. (PDRT) is in the Energy Industry

Profit
Sep 30 2007
($10.7M)
Market Cap
Sep 03 2008
$68.5M

Latest News and Analysis

  • Particle Drilling Technologies Field Trial Update

    HOUSTON, Aug. 19 /PRNewswire-FirstCall/ -- Particle Drilling Technologies, Inc. (the "Company") today announced that it has moved its equipment and is in the process of rigging up on the drilling location for its next field trial operation. The field trial will be conducted with the Company's existing customer...

    Articles 2008-08-19

  • Rollover protection for vehicles among patents awarded to Utahns

    Fourteen new patents were awarded to Utah inventors on June 10: -- Panel bracket system. Lawrence G. Meyers, Layton. Assigned to Ebbe America LC, Clearfield. Filed Oct. 13, 2004. Patent No. 7,383,670. -- Adjustable blind for oddly shaped windows. Danelle...

    Articles 2008-07-08

  • C. K. Cooper & Company Announces Departure of Michael Cohen

    IRVINE, Calif., July 3 /PRNewswire/ -- C. K. Cooper & Company, an independent, full-service investment bank focused on the energy sector and headquartered in Irvine, California, announced today that Senior Research Analyst Michael Cohen has left the firm. As a result, the firm has temporarily suspended...

    Articles 2008-07-03

  • View 25 Energy Company Web Casts from the Energy Capital Investment Symposium at oilandgasinvestor.com

    HOUSTON, June 16 /PRNewswire/ -- Oil and Gas Investor magazine today announced that video or audio web casts, plus the slide shows are available at oilandgasinvestor.com from companies that presented at the Energy Capital Investment Symposium on June 11. Companies that presented at this...

    Articles 2008-06-16

  • Particle Drilling Technologies to Present at the Energy Capital Investment Symposium in Houston

    HOUSTON, June 4 /PRNewswire-FirstCall/ -- Particle Drilling Technologies, Inc. today announced that its management will be presenting at the Energy Capital Investment Symposium in Houston, Texas on June 11, 2008. Jim B. Terry, Particle Drilling's President and Chief Executive Officer, is scheduled to...

    Articles 2008-06-04

  • Particle Drilling Technologies Receives Rig Assignment for Next Field Trial

    HOUSTON, June 2 /PRNewswire-FirstCall/ -- Particle Drilling Technologies, Inc. (the "Company") announced today that it has now been informed by its customer that the next field trial utilizing the patented particle impact drilling ("PID") system will be conducted in the Travis Peak formation on the same drilling rig...

    Articles 2008-06-02

  • Particle Drilling Technologies Announces Fiscal 2008 Second Quarter Results

    Highlights - Company declares new particle injection system ready for field use - Contract with customer extended through October 15, 2008 - $5.25 million rights offering completed with good shareholder & insider participation - Mobilization to next field trial will occur as...

    Articles 2008-05-08

  • Coffee maker among new patents

    Nineteen new patents were awarded to Utah inventors on March 18. They are: -- Impact excavation system and method with suspension flow control. Gordon Allen Tibbitts, Murray. Assigned to Particle Drilling Technologies Inc., Houston, Texas. Filed Aug. 16, 2005, claiming priority to multiple prior patent applications. Patent...

    Articles 2008-04-15

  • EVEP, PDRT, PNCL, PWRD, CTUM, CLMZF Have Also Been Removed From Naked Short List Today.

    M2 PRESSWIRE-14 March 2008-BUYINS.NET: EVEP, PDRT, PNCL, PWRD, CTUM, CLMZF Have Also Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:14032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and...

    Articles 2008-03-14

  • Global Market Perspective Review for Particle Drilling Technologies, Inc.

    M2 PRESSWIRE-10 March 2008-The SI Report: Global Market Perspective Review for Particle Drilling Technologies, Inc.C1994-2008 M2 COMMUNICATIONS LTD RDATE:10032008 Streetinvesting.com has now resumed our progressive review of Particle Drilling Technologies, Inc. (Nasdaq: PDRT ) after it traded down...

    Articles 2008-03-10

  • Particle Drilling Technologies, Inc. Announces $5.2 Million Rights Offering

    HOUSTON, March 10 /PRNewswire-FirstCall/ -- Particle Drilling Technologies, Inc. (the "Company") today announced that it is planning to conduct a rights offering to raise approximately $5.2 million for working capital and for general corporate purposes. In the proposed rights offering, all common shareholders will receive one...

    Articles 2008-03-10

  • LEE, MCU, CSIQ, NCTY, PDRT, VRNM Have Been Added To Naked Short List Today.

    M2 PRESSWIRE-6 March 2008-BUYINS.NET: LEE, MCU, CSIQ, NCTY, PDRT, VRNM Have Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:06032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE...

    Articles 2008-03-06

  • Analysis of Particle Drilling Technologies, Inc.

    M2 PRESSWIRE-2 April 2007-Small Cap News: Analysis of Particle Drilling Technologies, IncC1994-2007 M2 COMMUNICATIONS LTD RDATE:02042007 Analysis of Particle Drilling Technologies, Inc (NASDAQ:PDRT) Particle Drilling Technologies, Inc., a development stage company, engages in the development of proprietary drilling system...

    Articles 2007-04-02

  • Shareholders alert for Particle Drilling Technologies, Inc.

    M2 PRESSWIRE-31 January 2007-Small Cap News: Shareholders alert for Particle Drilling Technologies, IncC1994-2007 M2 COMMUNICATIONS LTD RDATE:31012007 Shareholders alert for Particle Drilling Technologies, Inc (NASDAQ:PDRT) For oil companies with particularly difficult-to-drill oil and gas assets, here is some...

    Articles 2007-01-31

  • PDRT, FCNK, SCRA Have Also Been Removed From Naked Short List Today.

    M2 PRESSWIRE-8 January 2007-BUYINS.NET: PDRT, FCNK, SCRA Have Also Been Removed From Naked Short List TodayC1994-2007 M2 COMMUNICATIONS LTD RDATE:08012007 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold...

    Articles 2007-01-08

  • IMMC, PDRT, BBAL, CEPO, FNIX, UGHO Have Also Been Added To Naked Short List Today.

    M2 PRESSWIRE-28 December 2006-BUYINS.NET: IMMC, PDRT, BBAL, CEPO, FNIX, UGHO Have Also Been Added To Naked Short List TodayC1994-2006 M2 COMMUNICATIONS LTD RDATE:27122006 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked...

    Articles 2006-12-28

  • Coverage Update on Particle Drilling Technologies Inc.

    M2 PRESSWIRE-19 December 2006-www.streetinvesting.com: Coverage Update on Particle Drilling Technologies Inc.C1994-2006 M2 COMMUNICATIONS LTD RDATE:19122006 Streetinvesting.com is the author of this release. This release is a result of our current concentration on Particle Drilling Technologies Inc. (NASDAQ:PDRT) and their latest...

    Articles 2006-12-19

  • Stocks to Watch this Friday Morning! December 8, 2006.

    M2 PRESSWIRE-8 December 2006-Stock Market Alerts LLC: Stocks to Watch this Friday Morning! December 8, 2006C1994-2006 M2 COMMUNICATIONS LTD RDATE:08122006 Miami, FLA. - Stock Market Alert's performance stock list includes: Allied Energy Group, Inc. (OTC: AGGI), Titan Pharmaceuticals, Inc. (AMEX:...

    Articles 2006-12-08

  • Particle Drilling Technologies, Inc. is Added to Watch List.

    M2 PRESSWIRE-1 December 2006-Oil and Gas News: Particle Drilling Technologies, Inc. is Added to Watch ListC1994-2006 M2 COMMUNICATIONS LTD RDATE:01122006 For oil companies with particularly difficult-to-drill oil and gas assets, here is some good news. Particle Drilling Technologies (NASDAQ:PDRT) is...

    Articles 2006-12-01

  • Particle Drilling Technologies Inc. Against the Global Market Perspective.

    M2 PRESSWIRE-23 November 2006-www.streetinvesting.com: Particle Drilling Technologies Inc. Against the Global Market PerspectiveC1994-2006 M2 COMMUNICATIONS LTD RDATE:23112006 Streetinvesting.com is the author of this release. This release is a result of our current concentration on Particle Drilling Technologies Inc. (NASDAQ:PDRT) and...

    Articles 2006-11-23

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  • Incorporated: 2002
  • CEO: Mr. Jim B. Terry

Particle Drilling Technologies is a holding company. In particular, Co. is engaged in the development of the Particle Impact Drilling (PID) system, a patented system utilizing a specially designed "fit for purpose" drill bit fitted with jetting nozzles and polycrystalline diamond compact cutting structures for use in the oil and gas drilling industry. The nozzles in the PID bit serve to accelerate hardened steel particles entrained with ordinary drilling mud to fracture the formation ahead of the bit. The PID system is primarily operated utilizing hydraulic energy that is standard on drilling rigs typically used in combination with PID system equipment.

Key Competitors

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Particle Drilling Technologies Inc. Company Info

Board of Directors

Mr. Kenneth R. LeSuer

Chairman

Mr. Jim B. Terry

Mr. John D. Schiller Jr.

Mr. Michael S. Mathews

Mr. Hugh A. Menown

Mr. Byron Dunn

Mr. Kevin Flannery

Contact Information

5611 Baird Court

Houston, TX

http://www.particledrilling.com

713 223-3031

NAICS Code

Support Activities for Oil and Gas Operations: 213112
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