Cabo Drilling (OTCMKTS:CBEEF) is a Mexico-based drilling contractor specializing in the development and operation of water well and geothermal drilling projects. Since its inception in the mid-1990s, the company has focused on delivering turnkey drilling solutions that encompass site evaluation, drilling, casing, and completion. Leveraging a fleet of modern rigs and proprietary drilling technologies, Cabo Drilling addresses the unique geological conditions of the Baja California peninsula and adjacent regions.
The company’s core services include potable water well construction for residential, agricultural and industrial clients, as well as geothermal well installations for renewable energy developers. Cabo Drilling’s water well projects range from shallow domestic wells to deep agricultural bores, while its geothermal operations support heat pump systems and power-generating wells. In addition to core drilling functions, the firm provides well rehabilitation, hydrofracturing, grouting, and water resource management consulting.
Geographically, Cabo Drilling primarily serves clients in Baja California Sur and the northern states of Mexico, with occasional contract work in the southwestern United States. The company has established partnerships with local municipalities, agribusinesses and real estate developers, positioning itself as a trusted service provider in arid and semi-arid regions where reliable water supply and geothermal energy solutions are in high demand. Cabo Drilling’s regional focus allows it to maintain strong relationships with equipment suppliers, drilling specialists and environmental regulators.
Under the leadership of CEO Maria Elena Castillo, who brings over 20 years of experience in hydrogeology and energy project management, Cabo Drilling has pursued strategic investments in advanced drilling technologies and staff training programs. Chairman Jorge Ramirez, a civil engineer by training, oversees corporate governance and infrastructure planning. Together, the management team emphasizes operational safety, environmental stewardship and continuous innovation to support sustainable growth in the drilling sector.
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