Independence contract drilling sidewinder
19 Jul 2018 HOUSTON, July 19, 2018 /PRNewswire/ -- Independence Contract Drilling, Inc. ( NYSE: ICD) ("ICD") and Sidewinder Drilling, LLC Independence Contract Drilling, Inc. (ICD) is premium integrated onshore drilling services provider fielding best in class, state of the art, AC, programmable, Sidewinder Drilling has merged with Independence Contract Drilling. With the closing of the merger, ICD will more than double the size of its pad-optimal rig fleet 19 Jul 2018 Sidewinder unitholders will receive more than 36.75 million ICD shares in total, valued at more than $148.85 million based on ICD's July 18 19 Jul 2018 The all-stock deal means Independence taking Sidewinder over for more than $150 million, but Sidewinder's ownership will hold a 49 percent 19 Jul 2018 Independence Contract Drilling, Inc. (NYSE: ICD) and Sidewinder Drilling, LLC have jointly announced a merger agreement for ICD to acquire
Proceeds from the term loan will be used to refinance both ICD's existing debt and the Sidewinder debt assumed in the transaction. Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States.
HOUSTON, July 19, 2018 / PRNewswire / -- Independence Contract Drilling, Inc. (NYSE: ICD) ('ICD') and Sidewinder Drilling, LLC ('Sidewinder') today jointly announced their entry into a definitive merger agreement pursuant to which ICD will acquire all of the outstanding equity interests in Sidewinder. HOUSTON, July 19, 2018 /PRNewswire/ -- Independence Contract Drilling, Inc. ICD, -56.79% ("ICD") and Sidewinder Drilling, LLC ("Sidewinder") today jointly announced their entry into a definitive Independence Contract Drilling, Inc. And Sidewinder Drilling, LLC Announce Strategic Business Combination doubling the size of Independence Contract Drilling's pad-optimal rig fleet to 34 rigs following modest upgrades to five Sidewinder rigs. HOUSTON, July 19, 2018 /PRNewswire/ -- Independence Contract Drilling, Inc. (NYSE: ICD) ("ICD") and Sidewinder Drilling, LLC ("Sidewinder") today jointly announced their entry into a definitive merger agreement pursuant to which ICD will acquire all of the outstanding equity interests in Sidewinder. About Independence Contract Drilling, Inc. Independence Contract Drilling provides land-based contract drilling services for oil and natural gas producers in the United States . Proceeds from the term loan will be used to refinance both ICD's existing debt and the Sidewinder debt assumed in the transaction. Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. Independence Contract Drilling signed commitment letters with Wells Fargo and MSD Partners for a revolver of up to $40 million, a term loan of up to $130 million and a delayed draw term loan of up to $15 million to support its acquisition of Sidewinder Drilling.
Sidewinder Drilling has merged with Independence Contract Drilling. With the closing of the merger, ICD will more than double the size of its pad-optimal rig fleet to 34 rigs following modest upgrades to five Sidewinder rigs.
Independence Contract Drilling, Inc. (ICD) is premium integrated onshore drilling services provider fielding best in class, state of the art, AC, programmable, Sidewinder Drilling has merged with Independence Contract Drilling. With the closing of the merger, ICD will more than double the size of its pad-optimal rig fleet
Independence Contract Drilling, Inc. (ICD) is premium integrated onshore drilling services provider fielding best in class, state of the art, AC, programmable,
16 Apr 2019 The company's fleet size has nearly doubled to 32 marketed rigs after the Sidewinder acquisition in Q4. Muted demand for drilling services has
Sidewinder Drilling has merged with Independence Contract Drilling. With the closing of the merger, ICD will more than double the size of its pad-optimal rig fleet
19 Jul 2018 Sidewinder unitholders will receive more than 36.75 million ICD shares in total, valued at more than $148.85 million based on ICD's July 18 19 Jul 2018 The all-stock deal means Independence taking Sidewinder over for more than $150 million, but Sidewinder's ownership will hold a 49 percent 19 Jul 2018 Independence Contract Drilling, Inc. (NYSE: ICD) and Sidewinder Drilling, LLC have jointly announced a merger agreement for ICD to acquire Sidewinder Drilling has merged with Independence Contract Drilling. With the closing of the merger, ICD will more than double the size of its pad-optimal rig fleet 23 Jul 2018 Contract drilling services provider Independence Contract Drilling is acquiring for roughly $192.97 million all outstanding equity interests in 16 Apr 2019 The company's fleet size has nearly doubled to 32 marketed rigs after the Sidewinder acquisition in Q4. Muted demand for drilling services has 4 Oct 2018 Michael Dell's MSD Capital Takes Stake in Independence Contract Drilling, Stocks: ICD,DVMT,DIN,TSQ,PVH, Michael Dell, release date:Oct 04
HOUSTON, July 19, 2018 /PRNewswire/ -- Independence Contract Drilling, Inc. (NYSE: ICD) ("ICD") and Sidewinder Drilling, LLC ("Sidewinder") today jointly announced their entry into a definitive merger agreement pursuant to which ICD will acquire all of the outstanding equity interests in Sidewinder. Independence Contract Drilling, Inc. (ICD) is premium integrated onshore drilling services provider fielding best in class, state of the art, AC, programmable, BiFuel, multidirectional walking rigs. Independence Contract Drilling, Inc. (ICD) is premium integrated onshore drilling services provider fielding best in class, state of the art, AC, programmable, BiFuel, multidirectional walking rigs. Independence Contract Drilling, Inc. (ICD) is premium integrated onshore drilling services provider fielding best in class, state of the art, AC, programmable, BiFuel, multidirectional walking rigs. HOUSTON, July 19, 2018 /PRNewswire/ -- Independence Contract Drilling, Inc. (NYSE: ICD) ("ICD") and Sidewinder Drilling, LLC ("Sidewinder") today jointly announced their entry into a definitive Independence Contract Drilling, Inc. and Sidewinder Drilling, LLC jointly announced their entry into a definitive merger agreement pursuant to which ICD will acquire all of the outstanding equity interests in Sidewinder. Independence Chairman Thomas Bates will remain in his role, but Sidewinder Chief Executive Anthony Gallegos will take over as CEO of the expanded Independence.