Oil and gas technology company Coretrack has secured ownership of a high-tech drilling rig after a legal battle with intellectual property licensor Strange Investments.
Shares in specialist drilling company Coretrack have surged more than 30 per cent after the company announced it had secured a commercial drilling contract with Woodside.
Specialist drilling company CoreTrack has announced that tests on its patented mobile energy drill designed by its subsidiary Globe Drill have surpassed expectations and it could have the capacity to drill to 4,500 metres.
