HOUSTON, Dec. 21, 2020
/PRNewswire/ -- Independence Contract Drilling, Inc. (the
"Company" or "ICD") (NYSE: ICD) today announced the following
executive management promotions and appointments:
- Philip A. Dalrymple has been
promoted to Senior Vice President – Operations. Mr. Dalrymple
previously served as the Company's Vice President –
Operations.
- Scott A. Keller has been
promoted to Senior Vice President – Business Development. Mr.
Keller previously served as the Company's Vice President –
Marketing & Sales.
- Katherine Kokenes has been
promoted to Vice President & Chief Accounting Officer. Ms.
Kokenes previously served as the Company's Chief Accounting
Officer.
- Marc S. Noel has been promoted
to Vice President – Sales & Marketing. Mr. Noel previously
served as the Company's Director of Marketing.
Anthony Gallegos, President and
Chief Executive Officer of the Company commented, "I am very
pleased to announce these promotions and I congratulate each one of
these team members. Each of them has been instrumental in
leading our Company, especially as we navigated an extremely
difficult market environment during 2020. I am proud of what
they have accomplished and look forward to their continued
contributions toward executing our mission of providing the safest
and most efficient contract drilling services in our industry."
About Independence Contract Drilling, Inc.
Independence Contract Drilling provides land-based contract
drilling services for oil and natural gas producers in the United States. The Company constructs,
owns and operates a fleet of pad-optimal ShaleDriller rigs that are
specifically engineered and designed to accelerate its clients'
production profiles and cash flows from their most technically
demanding and economically impactful oil and gas properties. For
more information, visit www.icdrilling.com.
Forward-Looking Statements
This news release contains certain forward-looking statements
within the meaning of the federal securities laws. Words such as
"anticipated," "estimated," "expected," "planned," "scheduled,"
"targeted," "believes," "intends," "objectives," "projects,"
"strategies" and similar expressions are used to identify such
forward-looking statements. However, the absence of these words
does not mean that a statement is not forward-looking.
Forward-looking statements relating to Independence Contract
Drilling's operations are based on a number of expectations or
assumptions which have been used to develop such information and
statements but which may prove to be incorrect. These statements
are not guarantees of future performance and involve certain risks,
uncertainties and assumptions that are difficult to predict, and
there can be no assurance that actual outcomes and results will not
differ materially from those expected by management of Independence
Contract Drilling. For more information concerning factors that
could cause actual results to differ materially from those conveyed
in the forward-looking statements, please refer to the "Risk
Factors" section of the Company's Annual Report on Form 10-K, filed
with the SEC and the information included in subsequent amendments
and other filings. These forward-looking statements are based on
and include our expectations as of the date hereof. Independence
Contract Drilling does not undertake any obligation to update or
revise such forward-looking statements to reflect events or
circumstances that occur, or which Independence Contract Drilling
becomes aware of, after the date hereof.
INVESTOR CONTACTS:
Independence Contract Drilling, Inc.
E-mail inquiries to: Investor.relations@icdrilling.com
Phone inquiries: (281) 598-1211
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SOURCE Independence Contract Drilling, Inc.