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    SDI — Stampede Drilling News Story

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    Brief: Stampede Drilling Inc Acquires Three Telescopic Double Drilling Rigs And Enters Into Credit Facility

    Picture of Stampede Drilling logoStampede Drilling
    21/04/2022 13:10
    April 21 (Reuters) - Stampede Drilling Inc  SDI.V :
    * STAMPEDE DRILLING INC. ACQUIRES THREE TELESCOPIC DOUBLE
DRILLING
RIGS AND ENTERS INTO CREDIT FACILITY
    * STAMPEDE DRILLING INC - PURCHASE PRICE WAS APPROXIMATELY
$5
MILLION, PAID IN CASH
    * STAMPEDE DRILLING INC - ENTERED INTO A NEW $25 MILLION
CREDIT
FACILITY WITH HSBC BANK CANADA
    * STAMPEDE DRILLING INC - UNDER CREDIT FACILITY, WHICH HAS
AN
INITIAL TERM OF THREE YEARS

Source text for Eikon:  ID:nCNWVRTGla 
Further company coverage:  SDI.V 

 ((Reuters.Briefs@thomsonreuters.com;))

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