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

CALGARY, AB, March 24, 2022 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces today its financial and operational results for the three months and year ended December 31, 2021.

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, Jan. 4, 2022 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) is pleased to provide the following update.

Operational Update

Operationally, Stampede currently has all 10 of its fully crewed marketable drilling rigs scheduled to go to work for the first quarter of 2022 due to the Corporation’s expanding customer base. Discussions are ongoing with current and new customers to minimize the environmental footprint of our rigs as well as create further value for customers and shareholders through these initiatives.

Joint Venture

Stampede has entered into a joint venture relationship (the “Joint Venture”) with … Continue Reading

CALGARY, AB, Nov. 3, 2021 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces today its financial and operational results for the three and nine month period ended September 30, 2021.

The following press release should be read in conjunction with the December 31, 2020 audited consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”), and the annual information form (“AIF”) for the year ended December 31, 2020, as well as the condensed unaudited consolidated interim financial statements and notes for the three and nine month period ended September 30, 2021… Continue Reading

CALGARY, AB, Oct. 22, 2021 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Company”) (TSXV: SDI) is pleased to announce it has entered into an amending agreement (the “Second Amending Letter”) to its December 20, 2018, credit facility agreement (the “Credit Facility Agreement”) with HSBC Bank Canada (“HSBC”) in response to Stampede’s 2021 strong financial results and positive 2022 forecast.

The primary benefit of the Second Amending Letter is the early termination of restrictions on the Company’s capital expenditures. Stampede believes that the Second Amending Letter is a positive reflection of the Company’s current financial position given that … Continue Reading

CALGARY, AB, July 28, 2021 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces today its financial and operational results for the three and six month period ended June 30, 2021.

The following press release should be read in conjunction with the December 31, 2020 audited consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”), and the annual information form (“AIF”) for the year ended December 31, 2020, as well as the condensed unaudited consolidated interim financial statements and notes for the three and six month period ended June 30, 2021… Continue Reading

CALGARY, AB, May 12, 2021 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces today its financial and operational results for the three months ended March 31, 2021.

The following should be read in conjunction with the Corporation’s consolidated financial statements and the notes thereto for the year ended December 31, 2020, 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 days, or … Continue Reading

CALGARY, AB, April 7, 2021 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces that it has appointed Mr. Murray Hinz to its Board of Directors.

Mr. Hinz is a Chartered Accountant with over 25 years of experience as a senior executive and providing business financial advisory services. Mr. Hinz is currently the Sr VP Finance & Administration of Parvus Therapeutics Inc. Before joining Parvus, Mr. Hinz was CanElson Drilling Inc’s first Chief Financial Officer prior to becoming an Advisor to their Senior Executive team, providing finance, business development, risk management and corporate governance support. Mr. … Continue Reading

CALGARY, AB, March 26, 2021 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces that it has granted stock options to its directors, officers and employees to purchase 3,550,000 common shares with an exercise price of $0.21 per share. Of the 3,550,000 stock options granted, a total of 1,725,000 were granted to directors and officers. All Options carry a five-year term and are subject to vesting as to one quarter on the day of the grant and one quarter on each of the first, second and third anniversaries of the date of the grant. The grant … Continue Reading