DDH1 Drilling
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Established in 2006, DDH1 provides drilling services to the Australian mineral exploration and mining industry.
In June 2017, Oaktree Capital - an investment manager specialising in alternative assets - acquired an equity stake in DDH1.
In June 2018, DDH1 acquired an equity stake in fellow contractor Strike Drilling.
The group comprised three complementary brands: DDH1 Drilling, Strike Drilling and Ranger Drilling. It operated a fleet of 96 modern and highly-specified mineral drilling rigs to support drilling programs throughout Australia.
DDH1 listed on the ASX on 9 March 2021. It was acquired by Perenti, and delisted from the ASX, in October 2023.
Contact Details
21 Baile Road, CANNING VALE WA 6432
(08) 9435 1700
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Revenue
| Rank | Company | Revenue | |
|---|---|---|---|
| th |  | DDH1 Drilling | $564.5m |
203 listed industrial wa companies ranked by revenue.
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Company Activity
| UPDATED: Mining Services list | 22 Nov 2023 |
| NEW ROLE: Russell Chard, General Manager - East | 21 Nov 2023 |
| NEW ROLE: Peter Crennan, General Manager - West | 21 Nov 2023 |
| NEWS: Tagged in Appointments October 20, 2023 | 20 Oct 2023 |
| NEWS: Tagged in Perenti retains two DDH1 directors | 16 Oct 2023 |
| NEWS: Tagged in Perenti launches buyback program | 09 Oct 2023 |
| NEWS: Tagged in Perenti approved to takeover competitor | 29 Sep 2023 |
| NEW ROLE: Simon Franich, | 04 Sep 2023 |
| NEWS: Tagged in Perenti to absorb local competitor | 26 Jun 2023 |
| NEWS: Tagged in Red 5 chair resigns | 13 Mar 2023 |
