Experienced Wallis team not yet turning cartwheels despite overflowing order book

SURVIVOR: Graeme Wallis has been around long enough to experience highs and lows in the contract drilling market, but is confident current demand will remain strong. Photo: Grant Currall
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‘UNPRECEDENTED’ would be an apt word to describe demand for the services of family owned and operated Wallis Drilling, which has done surface drilling work for some of the biggest open-pit miners since it was founded in 1964.

The company recently secured contracts with Rio Tinto, Atlas Iron, and Evolution Mining and has added another five heavy drill rigs to its fleet – all of which are committed to contracts for the foreseeable future.

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Who are the leading hands in the West Australian M&A marketplace

Exporters

LabelValue
Rio Tinto$26.13bn
BHP Billiton Iron Ore$20.48bn
North West Shelf Venture$14.92bn
Gold Corporation$6.82bn
Fortescue Metals Group$6.68bn
Others$22.08bn
FMG
CF 2011
CF Q3 FY12
Elizabeth Quay
IBM Tech Staff
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