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April 01, 2015 5:44 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

Phone:

724-633-3927

Fax:

724-872-1203

Key Executives for Target Drilling, Inc.

President
Manager of Accounting
Human Resource Manager
Technical Director of Equipment Design and Fabrication
Compensation as of Fiscal Year 2014.

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.

Target Introduces the Target Sustainable Product Standard

Target introduced the Target Sustainable Product Standard. Target's program will focus initially on household cleaners and personal care, beauty, and baby care products, but the program's scope will be expanded as it matures. Target plans to rate the sustainability of products from zero to 100 based on two categories: Ingredients and Transparency, and Minimal Environmental Impact.

Target to Open 23 Additional Store Locations in Canada

Target announced the opening dates for 23 additional store locations in Canada, including its first stores in Quebec and Nova Scotia, along with additional Ontario locations in Ottawa and surrounding area. The stores are scheduled to open this fall, and include 14 opening on Sept. 17 and nine opening on Oct. 18, 2013. Target currently has 68 stores open across Canada with plans to open a total of 124 locations by the end of 2013. Locations opening to the public on Sept. 17 include: Quebec: Brossard - Place Portobello, Laval - Méga Centre Autoroute 13, Lévis - Galeries Chagnon, Montreal - Place Vertu, Saint-Georges - Carrefour Saint-Georges, Saint-Jérôme - Carrefour du Nord, Trois-Rivières - Les Rivières Shopping Centre. Ontario: Kanata - Hazeldean Mall, Orleans – Place D’Orleans, Ottawa – Billings Bridge Plaza, Smith Falls - County Fair Mall, Nova Scotia, Bedford – Bedford Place, Dartmouth - Mic Mac Mall, Halifax – Bayers Lake Power Centre. Locations opening to the public on Oct. 18 include: Quebec: Anjou - Galeries d’Anjou, Boisbriand - Faubourg Boisbriand, Gatineau - Les Galeries Gatineau, Joliette - Les Galeries Joliette, Montreal - Place Versailles Shopping Centre, Quebec City - Place Fleur de Lys, Saint-Bruno-de-Montarville - Les Promenades Saint-Bruno, Sainte-Foy - Place Laurier, Saint- Eustache - Carrefour Saint-Eustache. The company currently has 68 stores open across Canada with plans to open a total of 124 locations by the end of 2013.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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