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sd standard drilling plc (SDSDF) Key Developments

S.D. Standard Drilling Plc, Annual General Meeting, Jun 19, 2014

S.D. Standard Drilling Plc, Annual General Meeting, Jun 19, 2014., at 10:00 E. Europe Standard Time. Location: 6 Maximou Michaelidi Street. Agenda: To receive and consider the directors report, auditor’s reports on the consolidated financial statements and the separate financial statements of the company for the year ended December 31, 2013; to approve the auditors' remuneration for the year ended December 31, 2013; to re-appoint the auditors of the company Messrs PriceWaterhouseCoopers Limited who will continue in office for the year 2014 and until the conclusion of the next annual general meeting and to authorize the board of directors to fix their remuneration for the year 2014; to re-elect directors of the company; to approve the remuneration to be granted to the directors of the company; and to approve the re-election of the existing members of the nomination committee of the company.

S.D. Standard Drilling Plc Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

S.D. Standard Drilling Plc reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the period, the company reported operating loss of $311,000, loss before tax was $251,000, net loss of $319,000 against operating profit of $41,500,000, profit before tax was $41,884,000, net profit of $41,897,000 or $0.16 per basic and diluted share a year ago. Net cash used in operating activities was $314,000 compared to $4,819,000 a year ago.

S.D. Standard Drilling Plc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013; Reports Impairment Charges

S.D. Standard Drilling Plc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported operating loss of USD 634,000 compared to operating profit of USD 22,471,000 for the same period a year ago. Loss before tax was USD 560,000 compared to profit before income tax of USD 22,655,000 last year. Loss was USD 560,000 compared to profit of USD 22,602,000 or USD 0.09 per basic/diluted share last year. For the year, the company reported operating profit of USD 68,638,000 compared to USD 33,240,000 for the same period a year ago. Profit before tax was USD 69,499,000 compared to USD 33,758,000 last year. Profit was USD 69,513,000 or USD 0.27 per basic/diluted share compared to USD 33,702,000 or USD 0.13 per basic/diluted share last year. Net cash used in operating activities was USD 8,759,000 compared to USD 8,262,000 last year. Additions to rigs under construction were USD 544,000 compared to USD 4,062,000 last year. For the quarter, the company reported impairment charge on bank balances of USD 96,000.

S.D. Standard Drilling Plc to Report Q1, 2014 Results on May 16, 2014

S.D. Standard Drilling Plc announced that they will report Q1, 2014 results on May 16, 2014

S.D. Standard Drilling Plc to Report Q4, 2013 Results on Feb 28, 2014

S.D. Standard Drilling Plc announced that they will report Q4, 2013 results on Feb 28, 2014

 

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