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[pdf] In 1990, Zapata Offshore sold 12 of its drilling rigs to Arethusa Offshore, which a few years later merged with Diamond Offshore. Still struggling with debt by 1993, Zapata signed a deal with Norex America to raise more than $100 million through a loan and stock sale. .
HRG Group, Inc., formerly Harbinger Group Inc. and Zapata Corporation, was a based in , having originated from an company started by a group including future U.S. president .
By 1994, the company had come under Glazer's control, after a . Glazer became chairman of Zapata, replacing Ronald Lassiter, and. .
The company traced its origins to Zapata Petroleum Corporation, founded in 1953 by future U.S. President , along with his business partners John Overbey, .
Zapata sought to acquire a controlling interest in the in 1969, but was outbid by 's AMK Corp. Robert Gow's father, Ralph Gow, was on United.
[pdf] Water bore drilling relies heavily on water well rigs as they are the main equipment used for this purpose. These specialized rigs are tailored to reach deep into the earth’s surface, enabling access to underground water sources.
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