On 22 September 2016, Jason Preston, Shaun Fraser and Jamie Harris, all Partners of McGrathNicol were appointed Joint and Several Voluntary Administrators of Hughes Drilling Limited and each of its controlled entities by a resolution of directors, with the exception of its US subsidiary, Reichdrill Inc.
Please see the ASX Media Announcement below for further information and full details of the companies subject to this appointment.
PDF: Hughes Drilling (ASX: HDX) – Appointment of Voluntary Administrators
Further information regarding the voluntary administration of Hughes Group of Companies is available on the McGrathNicol website under the assignments tab here.
Hughes Drilling is Australia’s largest coal production and delineation drilling specialist with a client base consisting of Australia’s major mine operators and owners. Our people are amongst the leading professionals in their field with the latest and amongst the most powerful, reliable drill rig fleets in the world.
Hughes Drilling partners with Express Hydraulics, JSW Australia, Hyd-Elec and REICHdrill, industry leaders in manufacturing of premier drills and drilling equipment including the full range of rotary hydraulic crawler blast hole and water well drills.