ORBIT GARANT DRILLING INC. ANNOUNCES STRATEGIC PARTNERSHIP WITH RAINY LAKE TRIBAL CONTRACTING LTD. Val-d’Or, Quebec, December 17, 2010 — Orbit Garant Drilling Inc. (TSX: OGD) today announced that it has entered into a strategic partnership with Rainy Lake Tribal Contracting Ltd. (RLTC) through Orbit Garant’s branch in Sudbury, Ontario. RLTC is a general contracting company involved in numerous services in Northern …
ORBIT GARANT DRILLING INC. ACQUIRES MORRIS DRILLING INC. AND SURFACE DRILLING CONTRACT FOR OSISKO MINING CORP.
ORBIT GARANT DRILLING INC. ACQUIRES MORRIS DRILLING INC. AND SURFACE DRILLING CONTRACT FOR OSISKO MINING CORP.Val-d’Or, Quebec, December 13, 2010 — Orbit Garant Drilling Inc. (TSX: OGD) today announced the acquisition of Morris Drilling Inc. Under terms of the transaction, Orbit Garant has purchased all of the issued and outstanding shares of Morris Drilling, a mineral drilling company operating five drilling …
ORBIT GARANT DRILLING INC. ANNOUNCES SOLID FINANCIAL RESULTS FOR Q1 FISCAL 2011
ORBIT GARANT DRILLING INC. ANNOUNCES SOLID FINANCIAL RESULTS FOR Q1 FISCAL 2011Record Q1 revenues of $27.4 millionRecord Q1 320,959 meters drilled$39.1 million in working capital Val-d’Or, Quebec, November 11, 2010 – Orbit Garant Drilling Inc. (TSX:OGD) (Orbit Garant or the “Company”) today announced its financial results for the first quarter ended September 30, 2010. All dollar amounts are in Canadian currency …
ORBIT GARANT DRILLING INC. ACQUIRES ADVANTAGE CONTROL TECHNOLOGIES
New Sudbury Office Increases Orbit Garant’s Presence in Northern Ontario Val-d’Or, Quebec, November 8, 2010 — Orbit Garant Drilling Inc. (TSX: OGD) today announced that it has acquired Advantage Control Technologies (ACT). As part of the transaction, Orbit Garant will acquire specialized technologies and equipment, while also expanding its operations in Northern Ontario. ACT has developed technology designed to reduce the …
Orbit Garant Drilling Inc. Announces Management and Board and Changes
Orbit Garant Drilling Inc. (TSX:OGD) today announced that Eric Alexandre, President and COO of the Company, has been appointed President and CEO, effective immediately. The Company’s former CEO Pierre Alexandre will become Vice Chairman of the Company. “I am very pleased to pass the leadership of Orbit Garant to Eric,” said Pierre Alexandre. “As President and COO, he has been …
ORBIT GARANT DRILLING INC. ANNOUNCES STRONG FINANCIAL RESULTS FOR FISCAL 2010
ORBIT GARANT DRILLING INC. ANNOUNCES STRONG FINANCIAL RESULTS FOR FISCAL 2010 1,298,124 metres drilled Record revenues of $110 million despite difficult market Earnings of $12.6 million match 2009 record level Val-d’Or, Quebec, September 23, 2010 – Orbit Garant Drilling Inc. (TSX:OGD) (Orbit Garant or the “Company”) today announced its financial results for the fourth quarter and fiscal year ended June 30, …
ORBIT GARANT DRILLING INC. REPORTS STRONG THIRD QUARTER 2010 FINANCIAL RESULTS
ORBIT GARANT DRILLING INC. REPORTS STRONG THIRD QUARTER 2010 FINANCIAL RESULTS Record revenue of $28.8 million, compared to $27.7 million in the comparable quarter of fiscal 2009, an increase of 4% Record meters drilled of 352,602, up 18.2% from 298,341 in Q3 of fiscal 2009 An expanding fleet of 150 drill rigs, including 10 new drills added in the third …
ORBIT GARANT DRILLING INC. REPORTS SECOND QUARTER 2010 FINANCIAL RESULTS
ORBIT GARANT DRILLING INC. REPORTS SECOND QUARTER 2010 FINANCIAL RESULTS Revenue $23.7 million, compared with $26.1 million in the comparable quarter of fiscal 2009 Completed 287,861 meters of drilling, up 2.5% from 280,760 in Q2 of fiscal 2009 An expanding fleet of 140 drill rigs, including 1 new drill in the second quarter Increased net cash position to $9.9 million …