Boart Longyear’s Drilling Services division undertakes contract drilling work for the Minerals, Environmental & Infrastructure and Energy industries.
The Drilling Services division will operate a fleet of over 1,080 drill rigs by the end of FY2007 and employs over 5,400 employees including rig operators, driller’s assistants, supervisors and supporting staff.
The division provides its mining clients with earth and rock core, or rock chip samples in various sizes at certain depths for mineral analysis purposes. The division typically operates in the exploration and development stage and also provides drilled blast holes for production mining purposes.
Boart Longyear’s Drilling Services division generates the majority of its revenue from the Minerals Industry but in recent years has also developed drilling capability for the non-mining Environmental & Infrastructure and Energy Industries.
In the Environmental & Infrastructure Industry, Boart Longyear’s services include the drilling, installation and servicing of monitoring and remediation wells for ground water treatment and wells for freshwater production, de-watering or brown (grey) water injection. Geotechnical and construction drilling services include soil sampling and earth improvement drilling solutions, such as micro-pile and de-watering well installations. In the Energy Industry, Boart Longyear provides earth and rock core samples for analysis purposes, as well as completed holes for the installation of gas well casings and the installation of coal bed methane wells.
Boart Longyear’s Drilling Services division is International Standard Organisation 14001 (Environmental) (“ISO 14001”) and Occupational Health and Safety Association Standard 18001 (Safety) (“OHSAS 18001”) accredited. In Management’s experience, the Company’s ISO 14001 and OHSAS 18001 accreditation is a differentiating factor for Majors when selecting a drilling services provider and for the Company when trying to attract skilled labour.
Key competitive strengths of Boart Longyear’s Drilling Services division include its:
- global reach providing a platform to
support its longstanding relationships with
its global customer base; - integrated business model providing access
to equipment and consumables to enhance
drilling productivity; - ability to provide a full suite of drilling services
to its global customer base; - scale and access to capital enabling it to
make acquisitions to further consolidate
Boart Longyear’s market position; and - industry leading safety and training regime
which is a key focus of the Majors and is
critical for attracting skilled employees.
