Independence Contract Drilling Inc ICDIQ

Energy Oil & Gas Drilling

Independence Contract Drilling, Inc. 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 improve its clients production profiles. The Company's operations are focused on unconventional resource plays located in geographic regions that it can support from its Houston, Texas and Midland, Texas facilities. The Company's rig fleet includes approximately 26 pad-optimal, superspec AC powered (AC) rigs. Its rigs are operating in the Permian Basin and the Haynesville Shale. The Company's customers for contract drilling services in the United States include oil and natural gas companies, independent oil and natural gas companies, as well as small to mid-sized publicly-traded and privately held oil and natural gas companies.

OTCPK:ICDIQ - Post by User

Independence Contract Drilling Inc

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Post by Binkieon Apr 23, 2022 5:10pm

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Post# 34626580

Anyone out there?

Bought in again earlier this week, unfortunately before the pullback but I like this company and sector. It's no secret that service companies are in high demand and at premium pricing. I read somewhere that an executive of ICD said Q2 revenues should be double Q2/21 revenue. Hopefully we get back to the $5 level+ this week. Good luck

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