Independence Contract Drilling, Inc. Appoints Stacy Nieuwoudt to its Board of Directors
January 19, 2021 at 06:45 am EST
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Independence Contract Drilling, Inc. announced the appointment of Stacy Durbin Nieuwoudt to the Company's Board of Directors. Ms. Nieuwoudt will serve as a member of the company's Audit, Compensation, and Nominating and Governance Committees as an independent director. In connection with her appointment, the Company's Board of Directors has increased the size of the company's Board of Directors from five to six members. Ms. Nieuwoudt most recently served as a Senior Industrial and Energy Analyst for Aptigon Capital from 2017 to 2019 and as a Senior Energy Analyst for Surveyor Capital from 2010 to 2017. Aptigon and Surveyor Capital are both fundamental equity divisions of Citadel. Previously, she held various research and analyst positions with Crosslink Capital, Tudor, Pickering, Holt & Co Securities, Encap Investments and Simmons & Company.
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.
INDEPENDENCE CONTRACT DRILLING, INC. 
