AJ Lucas Group Ltd - Company Profile
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Business Description
AJ Lucas Group Ltd (AJ Lucas) is an oil and gas services provider that offers drilling services and carries out the exploration and commercialization of unconventional hydrocarbons. AJ Lucas operates in both Australian and UK markets, focusing on exploration, production, and directional drilling services, particularly for coal and coal seam gas industries.
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Business Segments
Overview
It includes the Australian drilling business, the company's head office, and corporate costs. The Australian drilling business provides integrated professional drilling services, predominantly for exploration and degasification of coal mines, and may also include the recovery and commercialization of coal seam gas, and associated services. In FY2025, the segment's capital expenditure stood at AUD10.38 million, which decreased 25% YoY.
Performance
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Overview
Includes the exploration and development of unconventional and conventional hydrocarbons in the UK. In FY2025, the segment's capital expenditure stood at AUD0.3 million, which decreased 14.6% YoY.
Performance
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