OIL SANDS ACQUISITION – AMEC pays $45M for in-situ specialist

CALGARY - AMEC is going to acquire BOWER DAMBERGER ROLSETH ENGINEERING (BDR), a specialist in the in-situ oil sands...
CALGARY - AMEC is going to acquire BOWER DAMBERGER ROLSETH ENGINEERING (BDR), a specialist in the in-situ oil sands business, from its owner-managers for $45 million.

Based in Calgary, BDR provides specialist technical engineering services to the fast growing 'in-situ' heavy oil, gas and oil production industries. With 85 employees, it has particular expertise in thermal recovery of in-situ oil through its steam-assisted gravity-drainage methods.

BDR's reputation and capability in the in-situ segment of the market is complementary to AMEC's existing position and expertise in oil sands, where it is the market leader in the provision of upstream engineering services and project management to the surface mining sector.

Visit the BDR website at www.BDREng.com.

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