An increased remote-operation drilling footprint is providing considerable benefit for Master Drilling, the JSE-listed drilling services company said on Tuesday, when it reported 72.7%-higher 2020 net cash generation of $25.5-million, 18%-lower debt to $42.1-million, and a halved gearing ratio to 10.3%. The 35-year-old Fochville-based drilling company, which operates in 23 countries, reported that it is currently enjoying a record order book.
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