Major Drilling Group Int'l Inc. 

(Public, TSE:MDI)   Watch this stock   
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Sep 9, 2009
MAJOR DRILLING GROUP INTL INC Shareholders Meeting
Sep 9, 2009
Q1 2010 MAJOR DRILLING GROUP INTL INC Earnings Conference Call
Sep 8, 2009
Q1 2010 MAJOR DRILLING GROUP INTL INC Earnings Release
  

Key stats and ratios

Q3 (Jul '09) 2009
Net profit margin -5.27% 8.78%
Operating margin -4.90% 13.53%
EBITD margin - 20.36%
Return on average assets -2.95% 10.25%
Return on average equity -3.76% 14.06%
Employees 4,400 -

Address

111 St. George Street Suite 200
Moncton, NB E1C 1T7
Canada
+1-506-8578636 (Phone)
+1-506-8579211 (Fax)

Website links

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Description

Major Drilling Group International Inc. (MDGI) is a Canada-based drilling service company primarily serving the mining industry. The Company specializes in four types of drilling for the mining industry: diamond drilling, reverse circulation drilling, directional drilling and combination drilling. Its operations are divided into three geographic segments: Canada – U.S.; South and Central America, and Australia, Asia and Africa. MDGI focuses on specialized drilling, such as surface or underground deep-hole drilling, directional drilling and drilling at high altitude. Specialized drilling contracts represented 70% of revenue during the fiscal year ended April 30, 2009 (fiscal 2009). Conventional surface drilling contracts represented 23% of revenue in fiscal 2009. Underground drilling contracts represented 7% of contracts in fiscal 2009. As of April 30, 2009, the Company had 535 drilling rigs. In August 2008, MDGI acquired the exploration drilling company, Forage a Diamant Benoit Ltee.

Officers and directors

David B. Tennant
Chairman of the Board
Age: 53
Francis P. McGuire
President, Chief Executive Officer, Director
Age: 57
Denis Larocque
Chief Financial Officer
David D. Balser
Vice President - Finance
Robert H. Morgan
Vice President - Business Development and Latin American Operations
Robert J. Newburn
Vice President - North American and African Operations
Raymond Baldry
Vice President - Australian and Asian Operations
James A. Gibson
Vice President - Legal Affairs, General Counsel, Corporate Secretary
David A. Fennell
Director
John H. Schiavi
Director
Age: 69