​Bertram Drilling reports two oilsands contract wins valued at $14 million

Image: Joey Podlubny/JWN

Specialty driller Bertram Drilling Corp. has been awarded new contracts from two major oilsands clients valued at over $14 million, its owner company Energold Drilling reported on Tuesday.

While the exact nature of the work or the producers involved was not disclosed, the majority of Bertram's oilsands revenue is related to coring or delineation activities, according to the company's website.

The new contracts worth $14 million represent a 75 percent increase over contracts in the 2017/2018 season and a continuation of an upward trajectory from 2016 lows, Energold said.

Comparatively at full capacity the oilsands division generated over $30 million in revenues in 2012, the company said.

Vancouver-based Energold acquired Bertram in 2011.

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.