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Energold Drilling Corp's Dando International Drilling Ltd Establishes Wholly Owned Subsidiary
Energold Drilling Corp's Dando International Drilling Ltd announced that it has established a wholly owned subsidiary, Dando Drilling Services Ltd. (DDS), to be dedicated to the development of water drilling as a new specialty service for the Group. DDS has entered into a 60/40 joint venture with an African water drilling company. The initial contract is estimated to be worth up to $500,000 for 2013.
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