National Acquires First Drilling LLC

Montrose, Colorado, USA, November 1st, 2022 – National, a well-established exploration drilling contractor operating throughout the US, has acquired First Drilling, a specialized drilling contractor servicing the mining and exploration industry. The official announcement was made on October 24th and the agreement was signed on November 1st, 2022.

“This new acquisition positions us to enter the underground drilling services market,” said Jeff Morgan, President and CEO of National. “We will continue National’s purpose to add value to our people, clients and the industry by setting the standard for safe and productive drilling services. We feel honoured to welcome the First Drilling personnel to the National team” added Mr. Morgan. The acquisition of First Drilling fits our strategy to mirror our surface Core, RC, and Dewatering capabilities in the underground drilling space. By purchasing First Drilling, we bring on board a team of experts with extensive experience in underground and a reputation for safety and quality. Our long-term objective is to lead the industry in underground drilling capabilities with a focus on robotics and automation.

“We could not find a better fit for our employees and customers”, said Clint Chapman, CEO and President of First Drilling. “National brings a great reputation for quality drilling services, and we are thrilled to be part of their team.”



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