VIEWPOINT

Global rig count shows exploration pressures

Global rig count released by IMDEX shows exploration pressures

 IMDEX is reporting that rig utilisation in Australia was “nearing capacity” at 79 per cent, and 72 per cent in North America

IMDEX is reporting that rig utilisation in Australia was “nearing capacity” at 79 per cent, and 72 per cent in North America

In a market update ahead of a presentation to the Macquarie Emerging Leaders Conference, IMDEX said rig utilisation in Australia was "nearing capacity" at 79 per cent, and 72 per cent in North America....

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