Globe Drill, a subsidiary of Coretrack Limited (ASX: CKK), provides drilling services to the global energy sector.
Globe Drill is on a mission to revolutionise energy drilling. The Company has designed and is manufacturing a series of world class, deep hole drilling rigs, targeting geothermal exploration and production hole development.
The first completed rig in their product line is the GT3000, a deep hole drilling rig capable of drilling 4,500 metres at more than double the speed of competitor rigs and with one third of the required auxiliary equipment, significantly reducing exploration and production drilling costs.
The GT3000 rig is currently undergoing trials in Kalgoorlie, Western Australia. Once the rig has drilled its first deep test hole, Globe Drill will offer its highly specialised exploration drilling expertise to service the global energy sector.