Drillcorp

Contract Drilling and Mining Servicesdrillcorp.com

Drillcorp is a privately held contract drilling services company providing RC, diamond, geothermal, underground, and coal drilling to mining and resource extraction clients across 12+ Asian countries, with regional offices in the Philippines, Malaysia, and Thailand.

Company typePrivate
Founded1979
HeadquartersCarmona, Philippines
Headcount51–100
GTM typeB2B
OfferingServices

What Drillcorp does

Drillcorp is a privately held contract drilling services company that serves mining and resource extraction clients across the Asian region. Founded by Ken Wilkes in Perth, Australia in 1979, the company expanded into Asia in 1993 and subsequently relocated its primary operational base to Carmona, Philippines, while retaining an Australian parent entity. Today it operates regional corporate offices and operational workshops in the Philippines, Malaysia, and Thailand, with active drilling programs reported across 12+ Asian countries including China, Laos, Malaysia, Myanmar, Thailand, Philippines, Vietnam, Indonesia, Bangladesh, Cambodia, Singapore, and Kyrgyzstan. Its stated vision is to be a leading drilling service provider in the Asian drilling industry.

The company's core offering is a portfolio of contract drilling services including Reverse Circulation (RC) drilling, diamond drilling, geothermal drilling (with BOP equipment), underground drilling, horizontal drilling, and coal drilling, with rigs capable of depths up to 750 metres. Drillcorp has recently expanded into tunnelling and mining services as adjacent core offerings. The underlying technology is physical rather than digital: fleets of drilling rigs maintained through in-house workshops, standard operating procedures (SOPs), lost time injury (LTI) tracking, and biodegradable consumables. The company positions itself on safety culture, environmental sustainability, and experienced personnel, but no proprietary software, patents, trademarks, or digital platform components are disclosed.

Drillcorp generates revenue through project-based B2B contracts with mining and resource extraction companies, structured as long-term engagements. Pricing is project-specific based on scope, duration, equipment requirements, and location, and is not publicly disclosed. GTM is direct enterprise sales led by regional offices, with no public marketing channels, no disclosed customers, and no funding rounds. The company is founder-led, with Ken Wilkes as Managing Director/CEO and Sweebin Ip as CFO/Executive Director (and CEO of Malaysia since 2021), and has 101-250 employees. There are no external institutional investors or parent company disclosed in the source material.

Drillcorp firmographics

Firmographics

Name: Drillcorp
Legal name: DrillCorp
Website: https://drillcorp.com
Company type: Private
Founded year: 1979
Operating status: Operating
Headcount range: 51–100 employees
Short description: Drillcorp is a privately held contract drilling services company providing RC, diamond, geothermal, underground, and coal drilling to mining and resource extraction clients across 12+ Asian countries, with regional offices in the Philippines, Malaysia, and Thailand.
Ownership category
akta.pro rank

Drillcorp industry classification

Industry

Product category: Contract Drilling and Mining Services
NAICS: Support Activities for Metal Mining (213114), Support Activities for Mining (2131)
SIC: Oil & Gas Field Services, Nec (1389), Oil & Gas Field Exploration Services (1382)
akta.pro primary industry: Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)
akta.pro secondary industry: Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul) (IMAKAKAD)

Keywords

Contract drilling services
Mining services
Tunnelling services
Exploration drilling
Reverse circulation drilling

Where Drillcorp is headquartered

Location

Headquarters

HQ city: Carmona
HQ country: Philippines
HQ region: Asia

Offices4 records

Markets served

Drillcorp business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

Contract Drilling Services: Project-based contract drilling services providing professional, safe, and reliable drilling solutions to mining and resource extraction companies. Revenue is generated through long-term contracts and project-based engagements for drilling programs across Asia.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Drillcorp product offering

Product offering

Core offering

Drillcorp provides professional, safe, and reliable contract drilling services including reverse circulation (RC) drilling, diamond drilling, geothermal drilling, underground drilling, horizontal drilling, and coal drilling across the Asian region. The company has expanded its core offerings to include tunnelling and mining services, delivered through a network of regional corporate offices and operational workshops in 12+ Asian countries.

Product overview

Drillcorp is a service-oriented company offering a portfolio of drilling, tunnelling, and mining services. The core offerings consist of Contract Drilling Services (including RC drilling, diamond drilling, geothermal drilling, and underground drilling), Tunnelling Services, and Mining Services. These services are delivered across multiple Asian countries through a network of regional offices and operational workshops staffed by trained personnel adhering to standard operating procedures.

Differentiator

Problem solved

Functional benefit

Products and services

Contract Drilling Services

Companies that use Drillcorp

Customer profile

Segments2 records

Ideal customer profiles2 records

Drillcorp technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Drillcorp partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Drillcorp competitors and assessment

Company assessment

Direct peers

Capital Drilling: Emerging-markets-focused contract drilling services company operating in Africa, Asia, and other regions. Comparable to Drillcorp's emerging-market footprint and exploration/production drilling capabilities.
Major Drilling Group International: Canadian-based global drilling services contractor specializing in mineral exploration, production, and geotechnical drilling. Comparable to Drillcorp's exploration drilling (RC, diamond core) and underground drilling offerings.
Boart Longyear: Global leader in drilling services and drilling products for the mining industry, with significant Asia-Pacific contract drilling operations. Directly comparable to Drillcorp's RC drilling, diamond drilling, and exploration services for mining majors.
Mitchell Services: Australian contract drilling company providing RC, diamond, and deep-hole drilling services to the minerals sector. Comparable to Drillcorp in terms of mid-sized contract drilling positioning and similar drilling techniques.
Geodrill: West-Africa-focused mineral exploration drilling company providing RC and diamond core drilling services. Comparable in business model as a focused regional contract drilling operator with similar techniques.
Perenti (formerly Ausdrill): Australia-headquartered contract mining and drilling services group operating across multiple commodities and geographies, including Asia. Highly comparable to Drillcorp given its Australian origins and Asian operating footprint.
DDH1 Drilling: Australia-based contract diamond drilling and RC drilling company serving the mineral exploration and mining industry. Closely comparable to Drillcorp's exploration-focused drilling model and Australian corporate heritage.
Orbit Garant Drilling: Canadian-based drilling contractor specializing in mineral exploration diamond drilling and underground drilling. Comparable in offering specialized drilling services to mining clients.
Foraco International: France-based drilling services company operating across emerging and developed markets, with active presence in Asia-Pacific including mineral exploration, water well, and geotechnical drilling. Comparable to Drillcorp's diversified drilling portfolio and emerging-market footprint.

Broad incumbents

Macmahon Holdings: Australian contract mining services company providing a broader range of surface and underground mining services, including drilling. Comparable to Drillcorp's recent expansion into mining and tunneling services beyond pure drilling.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Drillcorp financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Drillcorp leadership team

Management profile

Number of profiles

Profiles7 records

Drillcorp funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Drillcorp M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Drillcorp

What does Drillcorp do?

Is Drillcorp a public or private company?

Drillcorp is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Drillcorp founded?

Drillcorp was founded in 1979. It employs 51 to 100 people.

Where is Drillcorp based?

Drillcorp is headquartered in Carmona, Philippines, in the Asia region.

How does Drillcorp make money?

One revenue line is on record: contract Drilling Services.

Who are Drillcorp's main competitors?

Direct peers on record are Capital Drilling, Major Drilling Group International, Boart Longyear, Mitchell Services, Geodrill, Perenti (formerly Ausdrill), DDH1 Drilling, Orbit Garant Drilling and Foraco International. Macmahon Holdings is listed as a broad incumbent.

Does Drillcorp have an API?

No public API is recorded for Drillcorp.

What industry is Drillcorp in?

Drillcorp's product category is Contract Drilling and Mining Services. Its primary akta.pro industry code is IMAKAKAB, Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger), with a secondary code of IMAKAKAD, Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul). Its NAICS code is 213114 and its SIC code is 1389.