NASDAQ:LAYN
$18.94 - 0.15
May 17, 2012 4:00 PM ET

Investors

Layne Christensen, with its dominant position in water related services, is positioned incisively to benefit from the dwindling supply of accessible drinking water around the world. Its market leadership in the mineral exploration drilling industry, as well as strategic niche positions in geoconstruction and energy services, contribute important diversification and round out its wide array of service offerings. Recent forays into new markets such as extraction of unconventional gas further elevate the company's potential growth profile.

Layne Christensen Company provides drilling services and related products and services in four principal markets: water resources, mineral exploration, geoconstruction services and energy services and production. Layne Christensen's customers include municipalities, industrial companies, mining companies, oil and gas companies and consulting and engineering firms located principally in the United States, Canada, Mexico, Australia, Africa and South America.

Water Resources

Maintaining Leadership - In addition to prolonging its dominance as the world's leading groundwater services company, Layne Christensen further expanded its capabilities with the acquisition of Reynolds, Inc. in September 2005. Our full range of water-related services encompasses: water well drilling, well and pump repair and maintenance, water and wastewater treatment and repair, construction of wastewater and surface water treatment plants, pipeline and sewer rehabilitation, well field design and development, pump installation, storage and aquifer maintenance and remediation.

Mineral Exploration

Finding Hidden Resources - Layne Christensen's exploration activities are driven by the need for identifying, defining and developing underground mineral deposits. This demand is influenced by economy growth, political conditions and the discovery rate of new mineral reserves and has led to the development and growth of mineral exploration in developing regions of world, including Africa, Asia and South America.

Energy Services and Production

Our growth strategy is to build and expand a portfolio of diversified energy assets through exploration, acquisition, development, and production of both oil and natural gas. In addition to operating extensive coalbed methane ("CBM") reserves and associated gathering systems, we are developing shallow oil reservoirs in the Company's core acreage holding. Development of these oil reservoirs, deposited as channels within the coal interval, offers additional opportunities to grow production and reserves.

Geoconstruction Services

We provide specialized geotechnical construction services to the heavy civil, industrial, and commercial construction markets that are focused primarily on soil stabilization and subterranean structural support during the construction of highways, dams/levees, tunnels, shafts, water lines, subways, marine facilities and other major underground civil construction projects. Soil stabilization services are used to modify weak and unstable soils and provide structural support and groundwater control for excavations. Services offered include jet grouting, structural diaphragm and slurry cutoff walls, cement and chemical grouting, drilled piles, vibratory ground improvement and installation of ground anchors. We have expertise in selecting the appropriate ground modification and support techniques to be applied in highly variable geological conditions in addition to extensive experience in successful completion of complex and schedule-driven major underground construction projects.