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Bullboard - Stock Discussion Forum Stampede Drilling Inc V.SDI

Alternate Symbol(s):  STPDF

Stampede Drilling Inc. is a Canada-based energy services company that provides contract drilling services in Western Canada. The Company operates a fleet of approximately 18 telescopic double drilling rigs and one high spec triple drilling rig suited for most formations within the Western Canadian Sedimentary Basin (WCSB). It offers oilfield services to the oil and natural gas industry in the... see more

TSXV:SDI - Post Discussion

Stampede Drilling Inc > Time to get this board rolling...
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Post by ECSINVESTOR on Mar 12, 2021 12:01pm

Time to get this board rolling...

Bought some Stampede a while back at the suggestion of the president of a local oil company - said they would be ramping up drilling. I notice in our newspaper that a lot of their rigs are busy in SE Saskatchewan. (Drilling report)

Haven't seen any financial results for year end 2020 yet, (they are not big distribtors on news...) and don't expect them to be that spectacular, but hopefuly Q1 2021 (usually released mid May) shows a pick up in rig usage and revenue. 

Bold prediction is that (if oil stays at curent or close levels), the stock will get above $0.40.

I am also hoping that the company is absorbed by a bigger driller...
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