Drilling business DDH1 launches $150m IPO

DDH1 - drilling at Gunpowder

Australian drilling firm DDH1 Group has launched a $150 million initial public offering valuing the company at $376.5 million. The group comprises the three brands DDH1 Drilling, Strike Drilling and Ranger Drilling. Founded in 2006, it operates a fleet of 96 mineral drilling rigs to support drilling programs throughout Australia. The prospectus indicates the business […]

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Industry Queensland
Industry Queensland