A 20% jump in first-quarter revenues bears witness to strong demand for drilling services provided by Canada-based Geodrill, prompting president and CEO Dave Harper to bill the three months ended March as “the most promising start to any fiscal year ever”.
The Toronto-based company recorded revenue of $18.6-million for the three months ended March 31, as compared with$15.5-million for the same quarter of 2016. The increase was mainly attributable to the strong demand for the company’s services and an enlarged rig fleet.
