Lucas continually seeks investment opportunities in its chosen industry sectors where the company's industry knowledge, technology and expertise can potentially increase shareholder value and deliver significant returns.

This is most evident in the coal seam gas sector where Lucas has acquired, developed and successfully divested a number of assets, detailed in past investments.  As a provider of drilling and other services to the coal and coal seam gas industries Lucas has built a detailed knowledge of coal structures and developed a range of gas extraction techniques tailored to the unique geology of each prospect.

Arawn Project , British Columbia, Canada

Lucas has a 55% interest in Arawn Energy. Our partners in this are Canadian CSG and unconventional gas experts Dr Chris Cornelius and Professor Marc Bustin. Arawn is an investment vehicle for Lucas in North America, and provides access to Marc's and Chris's expertise on this and other projects.

Arawn's current focus is the Grizzly and Red Deer Prospect, 43,000 acres in the foothills of the Rocky Mountains in Eastern British Columbia.

The first of two core holes was drilled in early 2008 identifying 40 metres of coal with gas content of 7–12 m3/t, confirming early results.

Water Group

The Water Group supports our belief that infrastructure fundamentals will continue to be a worthwhile investment. It fulfils two key functions in Lucas: providing expert support by career water professionals to our pipeline and construction divisions. Secondly, it is the vehicle for investing in water projects and technologies we believe will be valuable to our clients, and in their own right.

It's also acquired the Australasian licence for Beijing Origin Water, innovative manufacturers of a diverse range of water treatment systems.