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  5. DDH1 Drilling Acquires Strike Drilling Pty

M&A Deal Summary

DDH1 Drilling Acquires Strike Drilling Pty

On June 14, 2018, DDH1 Drilling acquired oil/gas exploration company Strike Drilling Pty

Acquisition Highlights
  • This is DDH1 Drilling’s 1st transaction in the Oil/Gas Exploration sector.
  • This is DDH1 Drilling’s 1st transaction in Australia.

M&A Deal Summary
Date 2018-06-14
Target Strike Drilling Pty
Sector Oil/Gas Exploration
Buyer(s) DDH1 Drilling
Deal Type Add-on Acquisition

Target

Strike Drilling Pty

Kewdale, Australia
Strike Drilling Pty Ltd. is an air core and reverse circulation drilling contractor supporting clients with their West Australian exploration and resource definition requirements. Strike Drilling is based in Kewdale, Australia.

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Buyer(S) 1

Buyer

DDH1 Drilling

Canning Vale, Australia
Category Company
Founded 2006
Sector Oil/Gas Exploration
DESCRIPTION

DDH1 Drilling is a provider of deep directional mineral drilling services used to identify and extend resources, reserves, mining plans and mining industry. The Company designs complex drilling programs delivered by highly skilled rig operators and has a strong history of satisfying customer requirements. DDH1 Drilling was founded in 2006 and is based in Canning Vale, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2018 M&A 1 of 1
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