Layne Christensen Company - LAYN- Profile

Layne Christensen Company. The Group's principal activity is to provide drilling and related services. The Group operates through four segments: Water Resources, Mineral Exploration, Geoconstruction services and Energy services. Water resources include hydrological studies and related engineering services, water well design and drilling, pump sales, installation, repair and maintenance. Geoconstruction services are used to modify weak and unstable soils, decrease water flow in bedrock and provide support and groundwater control. Energy operations offer drilling services to the shallow, unconventional oil and gas market, conventional oil field fishing services, coil tubing fishing services. The Group's customers include municipalities, industrial Companies, mining Companies, consulting and engineering firms and oil and gas Companies. On 28-Sep-2005, it acquired Reynolds, Inc and on 13-Jul-2006, it acquired Collector Wells International, Inc. Water Resources accounted for 61% of 2006 revenues; Mineral Exploration, 28%; Geoconstruction, 8%; Energy, 2% and Other, 1%