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Fireside Chat: Independence Contract Drilling, Inc. (NYSE: ICD) Director, President, and Chief Executive Officer Anthony Gallegos
Please join us for a conversation with Anthony Gallegos, Director, President, and Chief Executive Officer of Independence Contract Drilling (ICD) on Thursday, November 17, 2022, at 2:00 p.m. EST. Our discussion will focus on ICD’s competitive position in the market for US land-based pad-optimal, super-spec drilling rigs. Topics will include:

• Characteristics and capabilities of ICD’s fleet of pad-optimal, super-spec drilling rigs.
• Market fundamentals driving tight demand for premium rigs.
• Rig reactivation dynamics.
• The company’s strategy to convert strong market fundamentals into EBITDA growth and a stronger balance sheet.

00:41:00

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About Independence Contract Drilling
Independence Contract Drilling (ICD) provides land-based contract drilling services to oil and natural gas producers in the US. ICD’s entire marketed fleet consists of pad-optimal, super-spec drilling rigs capable of meeting its customers’ most challenging demands. The 26-rig marketed fleet consists of 17 300-Series ShaleDriller rigs and nine 200-Series ShaleDriller rigs. Constructive industry fundamentals drive customer demand for ICD’s rigs and contribute to upward dayrate pressure and expanding operating margins. Management expects the conditions to persist through 2023. 

About Water Tower Research
Water Tower Research is an investor engagement and stakeholder communication platform powered by Wall Street veterans with significant experience and credibility. We create, deliver, and maintain the information flow required to build and preserve relationships between companies and all their stakeholders and investors. “Research for the other 99%™” opens the door for every investor to stay informed and ensures transparency, better engagement, and equal communication.

Speakers

J. Anthony Gallegos, Jr.
Director, President, and Chief Executive Officer @Independence Contract Drilling, Inc.
Jeff Robertson
Managing Director @Water Tower Research LLC