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Going west works for Capital

Capital Drilling (LSE:CAPD) has proved West Africa is the place to be. Its stricter spending plan and shift across the continent have started to bear fruit, with the company upping earnings in 2018 off the back of lower revenue year-on-year.

Going west works for Capital Going west works for Capital Going west works for Capital Going west works for Capital Going west works for Capital

AngloGold Ashanti's Geita gold mine is one of Capital's long-term jobs

Capital saw a 3% decline year-on-year in income in 2018, to $116 million, with average revenue per operating rig flat on $194,000 and fleet utilisation down two percentage points to 51%.