AJ Lucas Group Limited
0.00
USD
+0.00
(-30.43%)
ISIN
AU000000AJL1
Return %
Stock
S&P 500
1Y
-60.98
14.20
3Y
-57.89
81.12
5Y
-92.00
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.Company Description
- CEO
- Greg Runge
- Full Time Employees
- 275
- Sector
- Energy minerals
- Industry
- Coal
- Address
- Level 22 Brisbane QLD Australia 4000
- IPO Date
- Aug 10, 1999
- Website
- lucas.com.au
- Similar Companies
- Business
- AJ Lucas Group Limited is an Australian-based provider of integrated drilling services primarily to the coal industry, alongside exploration and development of conventional and unconventional oil and gas assets in the United Kingdom through its subsidiary Cuadrilla Resources Holdings Limited. The company’s core products and services include professional drilling services for coal seam gas and mine degasification; exploration and appraisal drilling; design and engineering of wells; drilling optimization; directional drilling services; recovery and commercialization of coal seam gas; and management of energy infrastructure projects. In addition to drilling, AJ Lucas offers engineering and construction services to the oil and gas sectors, including design, development, pipelines, facilities such as compression and water treatment, and geothermal and energy storage projects. AJ Lucas also operates in the energy infrastructure sector with expertise in horizontal directional drilling, surface to inseam drilling techniques, and complex facility delivery. The company operates with two principal segments: Australian Drilling, which focuses on providing drilling services primarily to metallurgical coal mines and related customers in Australia, and UK Oil & Gas Investments, which includes hydrocarbon exploration activities in the UK. AJ Lucas holds significant licenses in the UK Bowland Basin shale gas exploration area and actively manages an unconventional exploration portfolio through Cuadrilla Resources. Founded in 1993 and headquartered in Brisbane, Australia, AJ Lucas operates predominantly in Australia and the United Kingdom. Its drilling services are targeted primarily at the energy, mining, and infrastructure sectors. The company is a subsidiary of Kerogen Investments No. 1 (HK) Limited. Recent major company changes include the acquisition of the Mitchell Drilling Corporation and other third-party drilling businesses and assets, strengthening AJ Lucas’ drilling capabilities. AJ Lucas has undergone significant corporate restructuring and recapitalization to strengthen its balance sheet, supported by strategic investment from Kerogen Capital. The group continues to emphasize operational efficiencies and business expansion in shale gas exploration, particularly through its UK operations, and remains focused on innovation in drilling technology and engineering services in energy and infrastructure markets. These developments position AJ Lucas Group Limited as a comprehensive drilling, engineering, and energy infrastructure service provider with growing investments in unconventional oil and gas exploration in the UK, complementing its established stronghold in the Australian drilling market.