NEW WESTMINSTER, BRITISH COLUMBIA — (Marketwire) — 12/11/12 — Cabo Drilling Corp. (TSX VENTURE: CBE)(FRANKFURT: DHL) ("Cabo Drilling" or the "Company") announces that Cabo Drilling (Colombia) Corp. ("Cabo Colombia") has renewed its contract with Red Eagle Mining Corporation ("Red Eagle") for an additional 17,000 meters of drilling on Red Eagle-s Santa Rosa project in the District of Antioquia. Under the terms of the renewed contract Cabo has agreed to
