Grey Wolf, Inc., through its subsidiaries, provides onshore contract drilling services to the oil and natural gas industry in the United States. It primarily operates in the Ark-La-Tex, the Gulf Coast, Mississippi/Alabama, south Texas, Rocky Mountain, and the Mid-Continent drilling markets. The company serves independent producers, and oil and natural gas companies. As of February 18, 2008, it operated a fleet of 121 land rigs. The company was founded in 1978 and is based in Houston, Texas. Target: 11.50