Buoyant coal market prompts AJ Lucas to retain drilling business

AJ LUCAS has decided to retain its drilling business and pursue the prospects for growth identified in a review that included an examination of the option to accept offers to acquire the business.

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Buoyant coal market prompts AJ Lucas to retain drilling business Buoyant coal market prompts AJ Lucas to retain drilling business Buoyant coal market prompts AJ Lucas to retain drilling business Buoyant coal market prompts AJ Lucas to retain drilling business Buoyant coal market prompts AJ Lucas to retain drilling business

AJ Lucas has decided to retain its drilling division.

AJ Lucas chairman Phil Arnall said the review verified the continuing strong base in the east coast coal market and the business' leading position in servicing key players in this market.