Foremost Explorer III acquisition

LuCons has agreed to acquire a specialist drilling rig to service the Australian Oil & Gas market.

The Foremost Explorer III is a versatile and mobile rig with 130,000 lbs capacity.

With applications for conventional and unconventional gas production, the Foremost Explorer III rig couples with LuCons' in-house expertise to provide comprehensive capability to deliver lowest $/GJ production costs for operators.