Boart Longyear Limited provides drilling services, capital equipment and consumable products for customers in the mining and minerals exploration, environmental and infrastructure, and energy industries. The company operates in five geographic regions, which are defined as North America, South America, Europe, Asia Pacific, and Africa. Segments The company conducts its activities through two divisions, known as the Global Drilling Services and Global Products divisions. The two segments provide services and products to mining companies, energy companies (coal, oil, gas and geothermal), water utilities, environmental and geotechnical engineering firms, government agencies and other mining services companies. Global Drilling Services segment Global Drilling Services consists of providing rigs, equipment, consumables and services for drilling and completing holes and the extraction and presentation of rock, soil and water samples on a contract basis. This business depends upon the supply and utilization of drilling rigs, the skills and training of the drilling services personnel and the ability to negotiate the contracts under which these services are provided to customers. The company has an international network of approximately 36 zone locations that maintain and mobilize equipment close to key geographic markets. The company assists customers in the exploration and production of a range of energy sources, such as oil sands, oil shale, coal bed methane and geothermal, by providing earth and rock core samples for analysis and by installing gas well casings and coal bed methane wells. Global Products segment Global Products segment designs, manufactures and markets drilling rigs and drilling products such as rods, bits and core barrels used in the drilling of holes. The Global Products business sells the drilling products to mining and construction companies, as well as to contract drilling services that use these products as consumables in the drilling process. The Global Drilling Services segment is a major user of these products. This segment depends upon the development of products and the ability to manufacture, distribute and supply products to the Group’s world-wide customers. Boart Longyear’s product line includes surface and underground coring rigs, diamond bits, drill rods and wireline core extraction systems. History Boart Longyear Limited was founded in 1890.
boart longyear ltd
(BLY:Australian Stock Exchange Ltd)
10808 South River Front Parkway
South Jordan, UT 84095
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