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The mining sector has an opportunity to be forward-looking through the transition and utilization of proven technologies from other business sectors. This step change in technological advances will change the mining industry forever.
– Tom Wood, Chairman, XtremeX
XMT is led by Chairman, Tom Wood. Wood is a pioneer in the development and commercialization of hybrid drilling technology. With over 35yrs. of experience, Wood has taken multiple companies from pre-revenue to public listing in both the US and Canada with peak revenue in excess of ~$900MM. Wood, in conjunction with cofounders, Matt Porter and Charlie Proulx, sold the most advanced coiled tubing drilling technology in the world to the most technically respected oil and gas service company in the world, Schlumberger. The team has collectively deployed +$500MM developing and building drilling and service equipment.
