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Last $0.13 USD
Change Today 0.00 / 0.00%
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SDSDF On Other Exchanges
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OTC US
As of 4:30 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

sd standard drilling plc (SDSDF) Key Developments

S.D. Standard Drilling Plc Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Fiscal 2051

S.D. Standard Drilling Plc announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported operating loss before depreciation was USD 6,366 million against USD 0.632 million a year ago. Operating loss was USD 6.37 million against USD 0.634 million a year ago. Loss before tax was USD 6.311 million against USD 0.560 million a year ago. Loss for the period was USD 6.311 million against USD 0.560 million a year ago. Basic and diluted loss per share was USD 0.02 against nil a year ago. For the year, the company reported operating loss before depreciation was USD 16.21 million against profit of USD 68.65 million a year ago. Operating loss was USD 16.22 million against profit of USD 68.64 million a year ago. Loss before tax was USD 16 million against profit of USD 69.5 million a year ago. Loss for the period was USD 16.07 million against profit of USD 69.5 million a year ago. Basic and diluted loss per share was USD 0.06 against profit of USD 0.27 a year ago. Net cash generated used in operating activities was USD 1,733 million against USD 8,759 million a year ago. Going forward and based on the robust financial position and cash availability, the board believes that the company is in a good position for 2015 to take advantage of any new investment opportunities that may appear.

S.D. Standard Drilling plc Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

S.D. Standard Drilling Plc reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported operating loss before depreciation of USD 9,247,000 compared to USD 1,513,000 a year ago. Operating loss was USD 9,249,000 compared to USD 1,517,000 a year ago. Loss for the period before tax was USD 9,201,000 and profit for the period was USD 9,203,000 or USD 0.04 per basic and diluted share compared to profit for the period before tax of USD 1,451,000 and profit for the period of USD 1,450,000 or USD 0.01 per basic and diluted share a year ago. For the nine months, the company reported operating loss before depreciation of USD 9,845,000 compared to operating profit before depreciation of USD 69,282,000 a year ago. Operating loss was USD 9,852,000 compared to operating profit of USD 69,272,000 a year ago. Loss for the period before tax was USD 9,687,000 and loss for the period was USD 9,758,000 or USD 0.04 per basic and diluted share compared to profit for the period before tax of USD 70,059,000 and profit for the period of USD 70,073,000 or USD 0.27 per basic and diluted share a year ago. Net cash used in operating activities was USD 1,183,000 compared to USD 9,852,000 a year ago.

S.D. Standard Drilling Plc to Report Q4, 2014 Results on Feb 27, 2015

S.D. Standard Drilling Plc announced that they will report Q4, 2014 results on Feb 27, 2015

S.D. Standard Drilling Plc Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

S.D. Standard Drilling Plc reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported operating loss of USD 292,000 compared to operating profit of USD 29,289,000 a year ago. Loss for the period before tax was USD 235,000 compared to profit for the period before tax of USD 29,626,000 for the same period a year ago. Loss for the period was USD 236,000 or USD 0.00 per basic and diluted share compared to profit for the period of USD 29,626,000 or USD 0.11 per basic and diluted share a year ago. For the six months, the company reported operating loss of USD 603,000 compared to operating profit of USD 70,789,000 a year ago. Loss for the period before tax was USD 486,000 compared to profit for the period before tax of USD 71,510,000 for the same period a year ago. Loss for the period was USD 555,000 or USD 0.00 per basic and diluted share compared to profit for the period of USD 71,523,000 or USD 0.27 per basic and diluted share a year ago. Net cash used in operating activities was USD 573,000 compared to USD 5,449,000 for the same period a year ago.

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.

 

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