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Details - Information last confirmed on June 23, 2021

Horizontal Directional Drilling (HDD) PDC Drilling Bit/Hole Opener. Perfect addon for any drilling company or manufacturer of drilling industry components. In 2006 the owner of Diamond Drilling Industries (DDI) developed an affordable PDC Bit that revolutionized and modernized the drilling industry. He introduced the first Matrix Body PDC Bit to the Water Well, Mining and Geothermal Drilling Industry that improved the rotary drilling process with affordable prices saving time and money for everyone. This product is recognized in 17 countries around the world. The sale of DDI includes the intellectual property around the design, drawings, trademarks and patent of the Volcano Hole Opener PDC Drill Bits. What typically takes a client 3 hours to drill 30 feet, now takes him 30 minutes with the Volcano Drill Bit. Through this design DDI is able to offer great quality in the Volcano Drill Bit compared to major manufacturers of PDC Drill Bits (Schlumberger, Halliburton, Weatherford, Baker Hughes, and National Oilwell Varco but at much more affordable pricing.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.