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SD Standard Drilling PLC (SDSD.OL)

SDSD.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

SD Standard Drilling ‍plans equity offering of up to 152.7 mln shares
Tuesday, 31 Oct 2017 04:22am EDT 

Oct 31 (Reuters) - SD STANDARD DRILLING PLC ::SDSD-EQUITY OFFERING NOKM 200.‍PLANS EQUITY OFFERING OF UP TO 152.7 MILLION NEW SHARES DIRECTED TOWARDS ALL SHAREHOLDERS​.‍PRICE PER OFFER SHARE IS NOK 1.31​.‍TRANCHE 1 OF EQUITY OFFERING WILL BE OFFERED TO ALL SHAREHOLDERS AND CONSIST OF UP TO 145,432,069 OFFER SHARES​.‍TRANCHE 2 OF EQUITY OFFERING WILL CONSIST OF UP TO 7,239,687 OFFER SHARES​.  Full Article

Sd Standard Drilling unit to aquire two new vessels
Thursday, 12 Oct 2017 10:37am EDT 

Oct 12 (Reuters) - SD STANDARD DRILLING PLC ::S.D. STANDARD DRILLING PLC. (THE "COMPANY") TO ACQUIRE TWO (2) LARGE.UNIT TO ACQUIRE TWO PSV VESSELS‍​.‍VESSELS ARE TO BE ACQUIRED FOR A TOTAL EN-BLOC CONSIDERATION OF USD 22.2 MILLION.​.‍ACQUISITIONS ARE EXPECTED TO BE COMPLETED IN NOVEMBER 2017.​.  Full Article

Standard Drilling Q2 operating loss widens to $692,000
Wednesday, 30 Aug 2017 01:53am EDT 

Aug 30 (Reuters) - SD STANDARD DRILLING PLC ::Q2 OPERATING LOSS $692,000 VERSUS LOSS $80,000 YEAR AGO.  Full Article

SD Standard Drilling appoints Christos Neocleous as CFO
Monday, 12 Jun 2017 12:00pm EDT 

June 12 (Reuters) - SD Standard Drilling Plc ::SDSD appoints new chief financial officer.SD Standard Drilling - Christos Neocleous appointed as chief financial officer with effect from 1 July 2017 through an agreement with Deloitte Cyprus.  Full Article

SD Standard Drilling Q1 operating profit $1.7‍​ million
Tuesday, 30 May 2017 01:00am EDT 

May 30 (Reuters) - SD STANDARD DRILLING PLC :Q1 OPERATING PROFIT $1.7‍​ MILLION VERSUS LOSS $143,000 YEAR AGO.  Full Article

SD Standard Drilling requests transfer of listing from Oslo Axess to Oslo Børs
Monday, 22 May 2017 09:36am EDT 

May 22 (Reuters) - SD STANDARD DRILLING PLC ::S.D. STANDARD DRILLING PLC. HAS SUBMITTED AN APPLICATION TO OSLO BØRS WHEREBY COMPANY REQUESTS TRANSFER OF LISTING OF COMPANY'S SHARES FROM OSLO AXESS TO OSLO BØRS.  Full Article

SD Standard Drilling buys 2.9 pct shares in New World Supply
Monday, 3 Apr 2017 06:06am EDT 

SD STANDARD DRILLING PLC : SAID ON SATURDAY, INCREASES OWNERSHIP IN SIX MID-SIZE PLATFORM SUPPLY VESSELS . ENTERED INTO AGREEMENTS WITH HOF-HOORNEMAN BANKIERS NV AND ULF JOHAN RIEBER TO BUY TOTAL OF 933,143 SHARES IN NEW WORLD SUPPLY (NWS) . TRANSACTION CORRESPONDS TO ABOUT 2.9 PERCENT OF TOTAL OUTSTANDING SHARES IN NWS . AFTER TRANSACTION WILL HOLD ABOUT 26.2 PERCENT OF TOTAL OUTSTANDING SHARES IN NWS .AS CONSIDERATION FOR SHARES IN NSW, SDSD WILL ISSUE 4 MILLION AND 9.1 MILLION NEW SHARES IN SDSD TO HOF-HOORNEMAN AND RIEBER RESPECTIVELY, EACH TO SUBSCRIPTION PRICE OF 0.75 NORWEGIAN CROWNS PER NEW SHARE.  Full Article

SD Standard Drilling to acquire 2.5 mln shares in New World Supply Ltd.
Wednesday, 22 Mar 2017 02:53am EDT 

SD Standard Drilling PLC : S.D. Standard Drilling Plc (SDSD) entered into an agreement with Royal London Asset Management (RLAM) to acquire 2,500,000 shares in New World Supply Ltd. (NWS) . As a consideration for 2,500,000 shares in NSW, SDSD will issue 35,000,000 new shares in SDSD to RLAM, each to a subscription price of 0.75 crown per new share, corresponding to 26,250,000 Norwegian crowns ($3.10 million) .Company will hold about 23.3% of total outstanding shares in NWS subsequent transaction.  Full Article

SD Standard Drilling Q4 operating profit up at $38,000
Tuesday, 28 Feb 2017 02:16am EST 

SD Standard Drilling Plc :Q4 operating profit $38,000 versus $16,000 year ago.  Full Article

SD Standard Drilling cancels revolving credit facility
Friday, 17 Feb 2017 01:08am EST 

SD Standard Drilling Plc : Says has due to successful private placement of about 198 million Norwegian crowns ($24 million) sufficient funds for operations going forward [nObiJTc7ra] . Says has together with Saga Tankers ASA agreed to cancel revolving credit facility of $10 million .Says has had no cost or expenses related to revolving credit facility.  Full Article