SDI Stock Discussion

Stampede Drilling Inc. Description

Stampede Drilling Inc., formerly MATRRIX Energy Technologies Inc., is a Canada-based company that offers oilfield services to the oil and natural gas industry in the Western Canadian Sedimentary Basin (WCSB). The Company operates in land-based contract drilling segment. Its drilling rig contract provides drilling services and rig equipment. The Company is also engaged in the purchase and sale of oil and gas service-related equipment to third parties. The Company’s contracts contain both a lease and a service element. The Company operates in Alberta and Saskatchewan. As of March 31, 2019, the Company had nine drilling rigs, seven in Saskatchewan and two in Alberta. The Company's subsidiaries include MATRRIX (US) Energy Technologies Inc and Stampede Drilling (US) Inc.

Sector: Energy
Industry: Oil & Gas Drilling
Keywords: Energy Oil Natural Gas Oil And Gas Drilling Petroleum Industry Western Canadian Sedimentary Basin Petroleum Production Petroleum Geology Precision Drilling Drilling Services Drilling Rig Oilfield Services Contract Drilling Petroleum Engineering Wcsb Han Dynasty Related Equipment Grup Servicii Petroliere Natural Gas Industry