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February 10, 2016 6:30 AM ET

Energy Equipment and Services

Company Overview of Target Drilling, Inc.

Company Overview

Target Drilling, Inc., a drilling company, provides contract directional drilling services to drill horizontal degasification boreholes within underground coal mines. Its activities include in-mine degasification and exploration of coal beds, as well as in-mine drilling of in-seam short holes, underground boreholes, water drain holes, in-seam water drain holes, and surface slant holes; wellhead control; in-seam and outcrop verification; burn identification; drilling surface coal bed methane (CBM) or coal mine methane (CMM) boreholes; and plugging in-mine boreholes and surface CBM well laterals. The company was founded in 1995 and is based in Smithton, Pennsylvania.

1112 Glacier Drive

Smithton, PA 15479

United States

Founded in 1995





Key Executives for Target Drilling, Inc.

Manager of Accounting
Human Resource Manager
Technical Director of Equipment Design and Fabrication
Compensation as of Fiscal Year 2015.

Target Drilling, Inc. Key Developments

Target Reports Earnings Results for the Half Year Ended December 31, 2014

TARGET reported earnings results for the half year ended December 31, 2014. For the period, the company's revenue was AUD 1,935 million against AUD 1,965 million a year ago. EBITDA were AUD 112 million against AUD 113 million a year ago. EBIT was AUD 70 million against AUD 70 million a year ago. Capital expenditure was AUD 71 million against AUD 38 million a year ago. ROC was 3.2% compared to 1.9% a year ago.

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