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Back in black

GETTING Ausdrill backing into profitability was one of the high points for the year, chairman Terence O’Connor told the drilling services provider’s annual general meeting.

Noel Dyson
A tight leash on capital expenditure is expected for Ausdrill going forward.

A tight leash on capital expenditure is expected for Ausdrill going forward.

During the year the company calved off its Drilling Tools Australia, truck tray manufacturing business DT HiLoad and Miners Rest Hotel businesses and mothballed its oil and gas drilling business EDA. ...

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