Current ICD Stock Info

New contract extensions add 3 rig-years of backlog; board approves another ShaleDriller newbuild
Carrying on from Q4, all 14 of Houston-based Independence Contract Drilling, Inc.’s (ticker: ICD) ShaleDriller rigs are currently contracted and operating under term contracts.

As of December 31, 2017, the company's proforma backlog of revenues from contracts with original terms of six months or more, including contract extensions signed subsequent to year end, was $75 million. Approximately 88% of this backlog is expected to be realized during...

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