DDH1
DDH1 is a leading deep directional drilling services company.
Backed by
EQUITY on July 16, 2017
About
DDH1 provides deep directional mineral drilling and custom-designed programs using a standardized fleet of diamond coring rigs across Western Australia, the Northern Territory, and Australia’s east coast.
Mission
DDH1 provides deep directional mineral drilling services and custom-designed drilling programs using a modern, standardized fleet of diamond coring rigs. The company has a leading market position by capability, fleet size and reputation, with over fifty diamond coring rigs as of 30 June 2017 and operations across Western Australia, the Northern Territory and Australia’s east coast. DDH1 was founded in 2006 and is headquartered in Canning Vale, Western Australia. Co-founders Murray Pollock and Matt Thurston remain CEO and COO and together have over 70 years of industry experience; the company emphasizes skilled rig operators and pioneered deep directional drilling techniques in Australia. With strategic capital from Oaktree, DDH1 plans to grow organically and may consider consolidating similar niche operators to expand capacity and meet recovering industry demand. The articles do not disclose revenue or other financial metrics beyond fleet and operational footprint.
Quick Facts
Founded
2006
Funding
EQUITY
Industry
Industrial, Mining
Team Size
501-1000
Headquarters
Perth, Western Australia, Australia
Careers
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