Boart Longyear Divests Environmental and Infrastructure Operations in United States
July 15 2013 - 3:47PM
Business Wire
Boart Longyear Limited (ASX: BLY) today announces the sale of
its Environmental and Infrastructure (E&I) drilling services
operations to Cascade Drilling, L.P. of Woodinville, Washington,
USA.
Boart Longyear Senior Vice President - Drilling Services, Alan
Sides, states, “I am very pleased to announce we have finalized the
divestiture of the USA E&I operations. This will allow Boart
Longyear to focus on its core business, which is aligned with our
long-term strategy.”
Boart Longyear will continue to provide a broad range of
drilling services, including sonic drilling applications, to its
mining customers.
About Boart Longyear
With over 120 years of expertise, Boart Longyear is the world’s
leading provider of drilling services, drilling equipment, and
performance tooling for mining and drilling companies globally. It
also has a substantial presence in aftermarket parts and service,
energy, mine de-watering, oil sands exploration, and production
drilling.
The Global Drilling Services division operates in over 40
countries for a diverse mining customer base spanning a wide range
of commodities, including copper, gold, nickel, zinc, uranium, and
other metals and minerals. The Global Products division designs,
manufactures and sells drilling equipment, performance tooling, and
aftermarket parts and services to customers in over 100
countries.
Boart Longyear is headquartered in Salt Lake City, Utah, USA,
and listed on the Australian Securities Exchange in Sydney,
Australia. More information about Boart Longyear can be found at
www.boartlongyear.com. To get Boart Longyear news direct, visit
http://www.boartlongyear.com/rssfeed.
Boart LongyearMonika Portman, 801-952-8451Director, Corporate
Communicationsmonika.portman@boartlongyear.com
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