Capital Drilling Limited (LON:CAPD) has inked a two-year extension to its contract for Acacia's North Mara mine, where it is providing blast hole and grade control drilling services.
The company has been active at the North Mara site since 2008 and the new extension takes the operation through to December 2019. It currently has five rigs onsite, which are expected to remain in place for the duration of the contract.
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"Capital Drilling has been working with Acacia for nine years and we are delighted to continue this relationship as the demand for our services continues,” said chairman Jamie Boyton.
“This contract extension is a testament to the group's solid operational performance and is consistent with our expectations."