Sidewinder was formed in 2011 by the Company's management team and Avista Capital Holdings LP to build, own and operate premium land drilling rigs and to provide contract drilling services to exploration and production ("E&P") companies targeting unconventional resource plays in North America. Through acquisitions and construction of rigs, Sidewinder is building a contract land drilling company with a large scale, high quality asset base focused on delivering high performance drilling services required by operators seeking to efficiently and safely develop unconventional oil and gas resources.
Sidewinder's long-term strategy is to capitalize on the activity in unconventional resource plays by expanding the Company's existing customer base and by operating in all phases of field development, from exploration and delineation drilling to full-scale commercial development. Sidewinder is dedicated to growth and stability and, therefore, intends to selectively expand its drilling fleet of premium rigs through rig upgrades, new construction and strategic acquisitions while strengthening its balance sheet and maintaining access to capital.
Jon Cole, CEO
Anthony Gallegos, President & CFO
Telephone: (832) 320 7600
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sidewinder-drilling-inc-announces-conference-call-to-discuss-second-quarter-2016-results-300313578.html
SOURCE Sidewinder Drilling Inc.