Our Commitment
Foraco has three core values that are integrated into all of the work we do: Integrity, Innovation, and Involvement. Our commitment to these three values has been instrumental in our past successes, and they are our commitment to you.
Integrity
From our field operations to corporate offices, we conduct business with integrity, respecting local laws and cultures. We prioritize the health, safety, and security of our employees while minimizing environmental impact. Our experienced team has earned customer trust by consistently delivering quality service at exceptional standards.
Innovation
As the world evolves, we evolve with it. Responding to economic and geological change with innovation, precision, and purpose. By combining advanced drilling methods with custom-designed equipment, we continually enhance performance and efficiency, delivering comprehensive and cost-effective drilling solutions for clients around the world.
Involvement
We value open communication that keeps every employee informed and engaged across all levels of our operations. Our leaders remain accessible to customers and staff alike, fostering collaboration and addressing concerns promptly. This inclusive approach ensures exceptional service, effective risk management, and consistent project success.
Our History: From French Engineering Roots to a Global Drilling Group
Foraco International began operations in France in 1961, manufacturing drilling equipment and exporting its technology to Africa and Latin America. The company developed innovative technologies, including some of the first Vibro Percussive (Sonic) drilling systems.
By the early 1970s, Foraco had evolved into an international drilling contractor. Early operations in West Africa included a program to deliver 800 village drinking-water wells in Côte d’Ivoire, followed by large-scale water drilling projects involving thousands of wells in Libya, Mali and Niger.
During the 1980s, Foraco became part of major French industrial and geological organizations, including Elf and later BRGM, the French Geological Survey. This strengthened its technical expertise and international capabilities.
In 1997, Foraco was acquired by its current major shareholders, beginning a new phase of development. Building on its water drilling expertise and strong African presence, the Group expanded into mineral exploration and specialized drilling services.
Foraco’s listing on the Toronto Stock Exchange (TSX) in 2007 accelerated its international expansion across North America, Australia and Latin America, alongside its established operations in Africa and Europe.
This growth transformed Foraco into a global drilling group while strengthening its capabilities in mineral exploration, deep directional and large-diameter drilling, water, geotechnical and other specialized services.
Today, more than 60 years after its founding, Foraco has delivered projects in over 60 countries. Its history reflects international growth, technical expertise and its teams’ ability to deliver complex drilling projects in some of the world’s most demanding environments.
Our Directors
Foraco’s leaders bring extensive experience in drilling, mining, and corporate leadership. Their expertise guides the company’s strategic direction while supporting its people, clients, and long-term growth.
Jean-Pierre Charmensat
Daniel Simoncini
Bruno Chabas
Warren Holmes
Jorge Hurtado
Management
Foraco’s management team brings extensive operational and industry experience across its global business. Working closely with regional teams, they lead day-to-day operations, support our people, and ensure safe, efficient, and reliable drilling services for clients worldwide.
Tim Bremner
CEO
Fabien Sevestre
CFO