Drilling operations in the field require timely, effective and efficient support to ensure we are able to meet drilling expectations. IDEA Drilling continues to enhance and expand our Virginia, Minnesota facility to ensure we are able to support our growing operations. IDEA recently completed a new parts room to provide more effective and efficient control over our repair parts inventories. This fall, IDEA will construct an additional cold storage building at our Virginia location to be used for drill rods and core boxes, as well as other supplies that do not require heated storage. This will allow IDEA to store critical inventory out of the weather and will afford additional space for the expanding needs of our repair and fabrication activities.

It is critical that our project management personnel as well as consumable and repair parts be located near our customer projects. IDEA Drilling recently opened an office and parts facility in the Ely, MN area to more locally and efficiently service several of our larger client projects.

IDEA Drilling is committed to achieving value added growth to our business that creates value for our shareholders, opportunities for our employees, and additional employment for our community.  To that end, we continue to add employees to our drilling operations and additional expertise and experience to our business.  Since November 2010, our employee count has increased approximately 50% to over 100 employees.  In November 2010, Bill Travis joined IDEA Drilling as President to partner with Dick and Pam Backstrom and Brian McCabe to continue the growth and prosperity of the business.  In June 2011, Tom Karges joined IDEA as Chief Financial Officer and Chuck Wilson joined IDEA as the Project Supervisor for the Twin Metals and Duluth Metals projects.

IDEA Drilling is continuing to grow and always looking for enthusiastic, motivated people to join our team. (See our on-line application under Careers)

We’re happy to be a bright spot in the local economy. Check out the segment featuring IDEA Drilling.