Boart Longyear Team Uses Dual-Tube Flooded Reverse Circulation Technique to Drill 60-inch Shaft through Loss Circulation Zones at Wyoming Coal Mine

SALT LAKE CITY – February 26, 2015 – A Boart Longyear (www.BoartLongyear.com) drilling team rose to the challenge as it bore down into the earth to create a ventilation shaft for an underground longwall coal mine in Southwest Wyoming.

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Boart Longyear Positions Company for Success When Markets Improve, Reports 2014 Financial Results, Board Changes

SALT LAKE CITY – February 23, 2015 – Boart Longyear  (www.BoartLongyear.com) enters its 125th anniversary year expecting to be better-positioned for success and improved financial performance when market conditions improve, even though challenging conditions in the mining markets continue to put pressure on its industry as reflected in the Company’s 2014 financial performance.

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Focused on Your Success in 2015: Boart Longyear Promotes the Latest Innovations Driving Productivity and Safety on Site at Investing in African Mining Indaba

SALT LAKE CITY — February 3, 2015 — Boart Longyear (www.BoartLongyear.com), the world’s leading provider of drilling services, equipment, and performance tooling is proudly exhibiting at this year’s Investing in African Mining, INDABATM, 9-12 February 2015. Visit Boart Longyear at booth number 3413.

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Boart Longyear Successfully Completes Recapitalization with Centerbridge Partners

  • Agreement overwhelmingly supported by Boart Longyear shareholders
  • Boart Longyear enters its 125th year as a financially stronger company

SALT LAKE CITY, UTAH, USA – February 2, 2015 – Boart Longyear Limited (ASX: BLY), a leading global supplier of drilling services, drilling equipment and performance tooling, announced today that it has successfully completed a comprehensive recapitalization plan it previously agreed to with private equity firm Centerbridge Partners, L.P.

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Boart Longyear Takes Another Positive Step Forward to Improve Capital Structure

SALT LAKE CITY, UTAH, USA — November 5, 2014 — Boart Longyear Limited (ASX:BLY), a leading global supplier of drilling services, drilling equipment and performance tooling for mining and drilling companies, announced today that it has successfully tendered for US$105 million principal amount of its 10% Senior Secured Notes, which are due in October 2018 (the “Notes”).

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Boart Longyear Enters into a Recapitalization Transaction with Centerbridge Partners, Successfully Completing Strategic Review

SALT LAKE CITY, UTAH, USA — October 23, 2014— Boart Longyear Limited (ASX: BLY), a leading global supplier of drilling services, drilling equipment and performance tooling for mining and drilling companies, has entered into an agreement with Centerbridge Partners, L.P. to implement a comprehensive recapitalization of the Company. The recapitalization, which has been completed in part, represents the conclusion of the strategic review process initiated by the Company in February 2014.

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