AJ Lucas Group Limited (AJLGF) Research

AJ Lucas Group Limited, an Australian entity, operates through its subsidiaries to deliver drilling solutions. The company's business is structured around two primary divisions: Drilling, and Oil and Gas. The Drilling segment provides comprehensive professional drilling services, mainly supporting the exploration and degasification of coal mines, which involves the recovery and commercialization of coal seam gas and associated support activities. Conversely, its Oil and Gas division concentrates on the identification, development, and commercial exploitation of both conventional and unconventional hydrocarbon reserves located in the United Kingdom. Beyond these core offerings, AJ Lucas also furnishes engineering expertise, including well design, optimizing drilling performance, specialized steering services, and bespoke equipment for directional drilling programs. The firm serves a diverse client base across the energy, mining, and infrastructure sectors. Founded in 1993, the company is headquartered in Brisbane, Australia, and functions as a subsidiary of Kerogen Investments No. 1 (HK) Limited.

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