Nautilus CEO

Nautilus tests new diamond drill rig

The diamond drill rig has been developed to relieve the drilling requirements of its future exploration programs.

Nicknamed the “Hobbit” scout rig, it has so far successfully met design targets in a series of land-based trials.

This wet test program will occur over a two week period and will expand the testing parameters to include submerged operations and mechanical endurance.

The testing will check the operational functionality and the system’s ability to sustain simulated offshore operations at optimal productivity.