PRESS RELEASE

Coe Drilling has recently commenced the HDD installation of two parallel 638m long borehole some 90m beneath Burleigh Mountain on the Gold Coast for local power utility operator Energex.

The 500mm parallel boreholes will be used to provide a vital 33 KV power link between the West Burleigh Sub Station and the new Desalination plant currently under construction at Tugun.

Project completed - November 2007