AJ Lucas Group Limited (AJL.AX)
AJ Lucas Group Limited operates in the Coal industry of the Energy sector, headquartered in Brisbane, QLD, AU. The stock last traded at $0.01, up 14.29% on the session, giving a market capitalisation of $11.0M. Its beta of -0.90 implies it has historically moved less than the broad market.
AJ Lucas Group Limited (AJL.AX), an Australian firm operating with its subsidiaries, specializes in a diverse range of drilling services. The company's activities are structured into two main divisions: Drilling, and Oil and Gas. The Drilling division delivers integrated, professional drilling solutions, primarily aimed at the exploration and degasification of coal mines, including the recovery and commercialization of coal seam gas and related support. Concurrently, the Oil and Gas division focuses on the exploration, development, and commercialization of both conventional and unconventional hydrocarbons within the United Kingdom. Beyond these core offerings, the company also provides engineering services such as well design, drilling optimization, expert steering services, and specialized equipment for directional drilling programs. Serving the energy, mining, and infrastructure sectors, AJ Lucas Group Limited was founded in 1993, is based in Brisbane, Australia, and is a subsidiary of Kerogen Investments No. 1 (HK) Limited.
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