Company History

Geodrill was founded in Ghana in 1998 by the current CEO Dave Harper with one rig and one contract. The Company soon began adding rigs in response to growing demand.

For the following decade, 2000 to 2010, Geodrill focused on expanding its operations into neighboring countries Burkina Faso and Cote d’Ivoire where the company established a number of operational and support bases to service its growing rig fleet. The company has also from time-to-time operated on a project-specific basis in Niger, Guinea, and Togo.

In 2010, the Company listed on Toronto stock market, code T.GEO, issuing 42.5 million shares at C$2.00/share. Geodrill is the only publicly listed pure-play African driller.

Geodrill has always invested in modern equipment and world-class operations to supply its clients with a “one-stop” drilling solution. The Company’s expertise, experience in the field, service and safety, has earned it a reputation for delivering results as demonstrated by its impressive rig growth, attributable to a strong ethos of professionalism and customer satisfaction. Quality + Quantity = Security.

Today, Geodrill operates 67 drill rigs and is a leading exploration drilling company operating in West Africa primarily in Ghana, Burkina-Faso, Cote d’Ivoire and Mali; and also has operations in Zambia.

In 2017, the Company commenced operations underground and currently operates a fleet of (6) six Boart Longyear LM90 underground drill rigs.

20 Year Rig Growth Chart