Capital Drilling has the bit between its teeth

Emerging markets-focused drilling company Capital Drilling had a record 2011 on the back of contract wins with blue-chip clients such as BHP Billiton, Centamin and Barrick Gold.

Emerging markets-focused drilling company Capital Drilling had a record 2011 on the back of contract wins with blue-chip clients such as BHP Billiton, Centamin and Barrick Gold.

Its first full year as a listed company saw revenue surge to $130.5m from $75.3m the year before, as the company increased the number of rigs in its fleet. The fleet expanded by 15% to 85 rigs during the course of the year, with the average fleet size for the whole of the year coming in at 78.

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