Union Drilling: INDEPENDENCE CONTRACT DRILLING AND SIDEWINDER TO MERGE

Independence Contract Drilling and Sidewinder Drilling jointly announced their entry into a definitive merger agreement pursuant to which ICD will acquire all of the outstanding equity interests in Sidewinder. The merger will combine two highly complementary pad-optimal drilling fleets and operations focused in the Permian Basin, Haynesville region and other basins in Texas and its [...]The post INDEPENDENCE CONTRACT DRILLING AND SIDEWINDER TO MERGE appeared first on Energy Global News.