CALGARY, AB, March 16, 2023 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces today its consolidated financial and operational results for the three month and year ended December 31, 2022.

The following should be read in conjunction with the Corporation’s consolidated financial statements and the notes thereto for the year ended December 31, 2022, related management’s discussion and analysis and annual information form, which are available on SEDAR at www.sedar.com.

All amounts or dollar figures are denominated in thousands of Canadian dollars except for per share amounts, number of drilling rigs, and … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ 

CALGARY, AB, Feb. 7, 2023 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Company”) (TSXV: SDI) announced today it has completed the previously announced conversion of its issued and outstanding convertible debentures (the “Debentures”) effective as of January 30, 2023 (the “Conversion Date”).

The aggregate principal balance of the Debentures of approximately $2,512,000 was converted for common shares of Stampede (“Common Shares”) at a price of $0.21, for an aggregate issuance by Stampede of 11,961,895 Common Shares, when adjusted for the non-issuance of fractional … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/

CALGARY, AB , Feb. 5, 2023 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Company”) (TSXV: SDI) announced today the appointments of Mr. Lyle Whitmarsh, Stampede’s CEO, to the position of Chair of the Board of Directors, and Mr. Thane Russell, one of Stampede’s independent directors, to the position of Lead Director.

These appointments follow the Company’s current Chair, Mr. Elson McDougald, advising the Company’s Board of Directors that he has decided to step back from his duties as Chair and resign from … Continue Reading

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES 

CALGARY, AB, Dec. 12, 2022 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Company”) (TSXV: SDI) announced today its intention to redeem its issued and outstanding convertible debentures (the “Debentures”) on January 31, 2023 (the “Redemption Date”).

Stampede intends to redeem all of the Debentures on the Redemption Date in accordance with their terms. The aggregate principal balance of the Debentures of approximately $2,512,000 will be redeemed for common shares of Stampede (“Common Shares“) at a deemed price of $0.3211 per Common Share (calculated in accordance … Continue Reading

CALGARY, AB, Nov. 10, 2022 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces today its consolidated financial and operational results for the three and nine month period ended September 30, 2022.

The following should be read in conjunction with the Corporation’s consolidated financial statements and the notes thereto for the year ended December 31, 2021, related management’s discussion and analysis and annual information form, which are available on SEDAR at www.sedar.com.

All amounts or dollar figures are denominated in thousands of Canadian dollars except for per share amounts, number of drilling rigs, … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/

CALGARY, AB, Aug. 23, 2022 /CNW/ – STAMPEDE DRILLING INC. (TSXV: SDI) (“Stampede“, or the “Corporation“) is pleased to announce it has closed its acquisition of six drilling rigs and related assets (the “Acquisition“) and its public offering of common shares (the “Offered Shares“) for aggregate gross proceeds of approximately $26.6 million (the “Offering“).

Pursuant to the Offering, Stampede issued 83,202,000 Offered Shares, including 5,077,000 Offered Shares issued pursuant to the exercise of the over-allotment option granted to the Agents (defined below). The Offering was … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/

CALGARY, AB, Aug. 3, 2022 /CNW/ – STAMPEDE DRILLING INC. (TSXV: SDI) (“Stampede“, or the “Corporation“) is pleased to announce it has entered into a purchase and sale agreement (the “Agreement“) to acquire six drilling rigs and related assets (the “Acquisition“) from a private company (the “Vendor“) for total cash consideration of approximately $21.5 million (the “Purchase Price“). The Purchase Price will be funded by proceeds from a concurrent short form prospectus offering of common shares (“Offered Shares“) at a price of $0.32 per … Continue Reading

CALGARY, AB, July 28, 2022 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces today its consolidated financial and operational results for the three and six month period ended June 30, 2022.

The following should be read in conjunction with the Corporation’s consolidated financial statements and the notes thereto for the year ended December 31, 2021, related management’s discussion and analysis and annual information form, which are available on SEDAR at www.sedar.com.

All amounts or dollar figures are denominated in thousands of Canadian dollars except for per share amounts, number of drilling rigs, … Continue Reading

CALGARY, AB, May 17, 2022 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) held its annual and special meeting of shareholders in Calgary today.

At the meeting, the shareholders elected the following directors: Thane Russell, Lyle Whitemarsh, Elson McDougald, Murray Hinz, Terrance Owen and Diane Brickner.

Following the meeting, the Board of Directors appointed Elson McDougald as Chairman of the Board. Mr. McDougald, who has been a director of Stampede since 2017, has an outstanding track record for creating shareholder value in numerous public companies over the past 40 plus years in … Continue Reading

CALGARY, AB, May 17, 2022 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) held its annual and special meeting of shareholders in Calgary today.

At the meeting, the shareholders elected the following directors: Thane Russell, Lyle Whitemarsh, Elson McDougald, Murray Hinz, Terrance Owen and Diane Brickner.

Following the meeting, the Board of Directors appointed Elson McDougald as Chairman of the Board. Mr. McDougald, who has been a director of Stampede since 2017, has an outstanding track record for creating shareholder value in numerous public companies over the past 40 plus years in … Continue Reading

CALGARY, AB, May 12, 2022 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces today its consolidated financial and operational results for the three month period ended March 31, 2022.

The following should be read in conjunction with the Corporation’s consolidated financial statements and the notes thereto for the year ended December 31, 2021, related management’s discussion and analysis and annual information form, which are available on SEDAR at www.sedar.com.

All amounts or dollar figures are denominated in thousands of Canadian dollars except for per share amounts, number of drilling rigs, and operating … Continue Reading

CALGARY, AB , April 21, 2022 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) is pleased to confirm the acquisition, from a third party, of three telescopic double drilling rigs, two top drives and ancillary equipment (collectively, the “Rigs”). The purchase price was approximately $5 million, paid in cash. Stampede anticipates an additional $3 million of incremental capital expenditures during the second quarter of 2022 for recertifications and to upgrade the three Rigs to be consistent with its fleet of modern drilling rigs. Stampede has committed the three Rigs to customers coming out of spring … Continue Reading