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Mitchell Services Accelerates PNG and Decarbonisation Projects Amid $46.7M Q2 Revenue
8:22am on Wednesday 29th of January, 2025 AEDT
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Mitchell Services Accelerates PNG and Decarbonisation Projects Amid $46.7M Q2 Revenue
8:22am on Wednesday 29th of January, 2025 AEDT
Key Points
Q2 FY25 revenue of $46.7 million and EBITDA of $5.6 million
Mobilisation underway for multi-rig PNG project starting early Q3
Loop Decarbonisation Solutions to begin drilling in February
Temporary dip in rig utilisation impacting short-term earnings
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