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Drilling services firm challenged to be efficient in competitive times.


Drilling services firm challenged to be efficient in competitive times

Heath and Sherwood Drilling (1986) Inc. has been part of the Kirkland Lake Kirkland Lake, mining town, E Ont., Canada. An important gold-mining center, gold was discovered there in 1911 and again in the 1980s at Harker. The mining of iron ore and tourism are two other important industries.  and Northern Ontario Northern Ontario is the part of the province of Ontario which lies north of Lake Huron (including Georgian Bay), the French River and Lake Nipissing.

Northern Ontario has a land area of 802,000 km² (310,000 mi²) and constitutes 87% of the land area of Ontario, although it
 mining scene for more than 60 years.

Starting in Kirkland Lake in 1927, Heath and Sherwood began as a supply company for the local gold mining operations, but it has since grown into a major player in the exploration drilling community of Ontario and northern Quebec.

Following a number of ownership changes during the first 59 years in business, Heath and Sherwood was purchased by six of its employees in the late 1980s.

Company president Jim Savage For other persons named Jim Savage, see Jim Savage (disambiguation).
Jim Savage was born in the Midwest between 1815 and 1820. Around the age of fifteen, his family settled in Princeton, Illinois.
 said the current group of owner/shareholders bought the company from Calgary-based Challenger Resource Services and began a new management group. He declined to comment on the purchase price.

Performing drilling services for mining companies on a contract basis, Heath and Sherwood specializes in surface diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral  work, underground drilling and reverse circulation drilling.

Savage, who has been with the company since 1968, said it has performed work for "most of the mining companies located in Canada."

But with the Canadian mining industry currently in a slow period, the Kirkland Lake native had some sobering so·ber  
adj. so·ber·er, so·ber·est
1. Habitually abstemious in the use of alcoholic liquors or drugs; temperate.

2. Not intoxicated or affected by the use of drugs.

3.
 thoughts.

"The challenge today is to stay in business. We have to continue to be as efficient as possible and still keep in mind that every job has to be done safely," he said.
COPYRIGHT 1991 Laurentian Business Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Heath and Sherwood Drilling
Publication:Northern Ontario Business
Article Type:company profile
Date:Jan 1, 1991
Words:232
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