News

Exploration and drilling industry going strong

  •  19 August 2008
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FAVOURABLE conditions in the resources sector will keep exploration and drilling activity high, according to an Australian drilling company.

Imdex recently announced a 73% boost to its annual profit and says encouraging economic conditions will continue to fuel exploration and drilling programs.

Similar dynamics are expected in the oil and gas industry, as high oil prices boost the need to drill for petroleum.

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