Strong demand for rigs augurs well for Mitchell Services

APPROXIMATELY 90% of Mitchell Services’ revenue is at the mine site resource definition and development stage, which is critical for ongoing production, according to the company.

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Strong demand for rigs augurs well for Mitchell Services Strong demand for rigs augurs well for Mitchell Services Strong demand for rigs augurs well for Mitchell Services Strong demand for rigs augurs well for Mitchell Services Strong demand for rigs augurs well for Mitchell Services

Approximately 90% of Mitchell Services’ revenue is at the mine site resource definition and development stage.

The pipeline of identified opportunities remains strong and demand continues to increase for drilling services particularly from Tier 1 clients, the company said in a presentation.