Weld Sheriff locates missing oil drill bits

MILLIKEN – Authorities have located missing oil and natural-gas drill bits allegedly stolen from a drilling site operated by Ensign Energy Services Inc. (OTC: ESVIF) near Milliken.

Weld County sheriff’s deputies recovered six drill bits worth $300,000 from an oil site in central Weld. Three drill bits previously reported stolen were recovered, as well as another three that had not been reported stolen.

The drill bits weigh an average of 300 pounds apiece and would have required at least two men to pick up and move into a truck, according to the Sheriff’s office.

“We received numerous tips so the suspect probably…