Founded with one rig and one contract
Geodrill was founded by the current CEO, Dave Harper. The Company soon began adding rigs in response to growing demand.
About
Company History
From one rig and one contract in Ghana to a 104-drill fleet operating across two continents and six countries.
1998Founded in Ghana
2010Listed on the TSX
2020Expanded into South America
104Drills at 2026
Geodrill was founded in 1998 by the current CEO, Dave Harper, with one rig and one contract. The Company soon began adding rigs in response to growing demand.
Expansion across West Africa
Geodrill focused on expanding its operations into neighbouring countries, Burkina Faso and Cote d’Ivoire, where the company established operational and support bases to service its growing rig fleet. The company also operated in Niger, Guinea and Togo.
Listed on the Toronto Stock Exchange
The Company was listed on the Toronto stock market, code GEO.T (GEODF: OTC), issuing 42.5 million shares at C$2.00 per share.
Underground operations commence
The Company commenced operations underground and currently operates a growing fleet of Boart Longyear LM90 and LM110 underground drill rigs.
Into South America
The Company expanded its geographic presence into South America through its wholly-owned subsidiary Recon Drilling.
Breaking new ground in Egypt
Geodrill expanded its operations into Egypt, having secured its first contract in this exciting, untapped, mineral-rich country.
104 rigs, six countries
Geodrill operates 104 drill rigs and is a leading exploration drilling company in Ghana, Cote d’Ivoire and Senegal in West Africa, Egypt in North Africa, and Peru and Chile in South America.
Rig growth
One rig and one contract in 1998. 104 rigs, six countries and two continents today.