Appointment of Boart Longyear Professorial Chair represents company's continued investment in exploration geophysics research, despite market downturn

SALT LAKE CITY, June 13, 2016 /PRNewswire-USNewswire/ -- Boart Longyear (www.BoartLongyear.com), the world's leading provider of drilling services, equipment and performance tooling, announced today that Professor Anton Kepic has been appointed to the Boart Longyear Professorial Chair at Curtin University, based in Western Australia.

The $1.4 million investment to the university will support high-profile research in exploration geophysics, including the development of advanced instrumentation and the expansion of research capabilities in instrumentation and logging-while-drilling (LWD) technology.

"Even in the current down cycle, we recognize the need for research that will advance the long-term knowledge and capabilities of our industry," said Kent Hoots, senior vice president, global products. "Our goal is to invest further in Geological Data Services (GDS) to make geologists, drillers and students smarter. By doing so, they will be able to better analyze drilling data to improve efficiency and reduce costs. We look forward to working with Curtin University, which has an excellent record in exploration geophysics research, and we congratulate Professor Kepic on his appointment."

Professor Kepic has been a member of Curtin University's Western Australian Department of Exploration Geophysics for 15 years. He has held a long line of research leadership positions at the university, including Head of Exploration Geophysics, Director of the Centre for High Definition Geophysics, Program and Project Leader in Deep Exploration Technologies Cooperative Research Center (DET CRC) and Project Leader in Cooperative Research Center for Greenhouse Gas Technologies (CO₂CRC).

About Boart Longyear
Boart Longyear is the world's leading provider of drilling services, drilling equipment and performance tooling for mining and drilling companies globally. It also has a substantial presence in aftermarket parts and service, energy, mine de-watering, oil sands exploration and production drilling.

The Global Drilling Services division operates in over 30 countries for a diverse mining customer base spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. The Global Products division designs, manufactures and sells drilling equipment, performance tooling, and aftermarket parts and services to customers in over 100 countries.

Boart Longyear is headquartered in Salt Lake City, Utah, USA, and listed on the Australian Securities Exchange in Sydney, Australia. More information about Boart Longyear can be found at www.boartlongyear.com. To get Boart Longyear news direct, visit www.boartlongyear.com/feed.

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