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Oil & Gas Drilling

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SD Standard Drilling: Companies controlled by board member sell all shares in company

Thursday, 21 May 2015 02:00am EDT

SD Standard Drilling Plc:Solan Capital AS, company indirectly controlled by board member Gunnar Hvammen, has on May 20 sold 2,680,006 shares in S.D. Standard Drilling at 1.35 Norwegian crowns/share.Thabo Energy AS, company indirectly controlled by board member Gunnar Hvammen, has on May 20 sold 4,745,000 shares in S.D. Standard Drilling at 1.35 crowns/share.After this transaction companies directly and/or indirectly controlled by board member Gunnar Hvammen have no shares in S.D. Standard Drilling.

Japan Drilling Co Ltd set up new subsidiary in Saudi Arabia

Thursday, 11 Sep 2014 05:15am EDT

Japan Drilling Co Ltd:Established a subsidiary Japan Drilling Saudi Arabia Company, which is engaged in oil and natural gas exploration, development and other drilling services in Saudi Arabia, on Sep. 8.Says the company is holding 80 pct stake and its subsidiary Japan Drilling (Netherlands) B.V. is holding 20 pct stake in the new subsidiary.Establishment plan disclosed on Feb. 6.

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