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2007-08 results announced. Another record year for Lucas: revenue up 96%, after-tax profit up 110%.
26 August 2008
AJ Lucas Group announced its results for the year ended 30 June 2008, reporting another record year.
Key figures are:
Revenue up 96% to $424 million
Profit before tax up 337% to $26 million
Earnings per share u...
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First recycled water delivered to Tarong Power Station
28 June 2008
The Western Corridor Recycled Water Project achieved a significant milestone today with the release of purified recycled water into the storage lake at Tarong Power Station.
Water sprayed into the lake after having been pumped close to 160 k...
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JV with Marais Groupe for broadband installation at broadband speeds
20 August 2008
JV with Marais for broadband installation at broadband speeds
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Eastern Pipeline Stage 1B completed on schedule
10 April 2008
Stage 1B, the second stage of the Eastern Pipeline element of Queensland's Western Corridor Recycled Water Project, commenced operation on 30 March 2008.
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Lucas acquires Mitchell Drilling for $150 million
25 July 2008
AJ Lucas today announced its acquisition of Mitchell Drilling for $150 million. This consolidates the company's position in the coal seam gas industry and will support its ability to service its clients in this rapidly growing industry.
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Gloucester Project receives initial reserves certification
25 February 2008
Netherland, Sewell & Associates Inc,
(NSAI) Dallas-based petroleum consultants, have delivered their independent certification of coal seam gas reserves in the Gloucester Basin (70% owned by Lucas through Lucas Energ...
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