About Stampede Drilling

Stampede Drilling Inc. provides drilling rig services for the oil and natural gas industry in North America. The company’s principal markets for its services are the provinces of Saskatchewan and Alberta. The company operates drilling rigs out of Estevan, Saskatchewan and Nisku, Alberta. The company provides drilling rig services in southeast Saskatchewan and Alberta and operational management services in the U.S. The company has 13 drilling rigs consisting of ten complementary heavy telescopic drilling rigs, one cantilever triple drilling rig, one light telescopic double rig, and one cantilever double drilling rig. The company is actively running 8 of its 10 heavy telescopic double drilling rigs and continues to market the remaining rigs. Drilling rig services are performed using drilling rigs and auxiliary equipment pursuant to contracts with exploration and production companies. Discontinued Operations In 2019, the company discontinued its directional drilling division to focus on the drilling rig business. In 2019, the company sold all of the assets related to its directional drilling division. History The company was incorporated in 2011. It was formerly known as MATRRIX Energy Technologies Inc. and changed its name to Stampede Drilling Inc. in 2019.