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Last $0.18 USD
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As of 4:30 PM 07/1/15 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 Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

S.D. Standard Drilling Plc reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported operating loss of USD 1,092,000 compared to USD 292,000 a year ago. Loss for the period before tax was USD 1,065,000 compared to USD 235,000 for the same period a year ago. Loss for the period was USD 1,065,000 compared to USD 236,000 a year ago. For the six months, the company reported operating loss of USD 1,337,000 compared USD 603,000 a year ago. Loss for the period before tax was USD 1,269,000 compared to USD 486,000 for the same period a year ago. Loss for the period was USD 1,269,000 compared to USD 555,000 a year ago. Net cash used in operating activities was USD 291,000 compared to USD 618,000 for the same period a year ago.

S. D. Standard Drilling plc Declares an Interim Cash Dividend Payable on or About September 7, 2015

The Board of Directors of S. D. Standard Drilling Plc declared an interim cash dividend of total $9,170,000, corresponding to $0.035 per share. Estimated day for payment of dividend is on or about September 7, 2015. The shares will be traded ex-dividend as from and included August 28, 2015.

S.D. Standard Drilling Plc Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

S.D. Standard Drilling Plc reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the period, the company reported operating loss of $0.245 million, compared to $0.311 million for the last year. Loss before income taxes was $0.204 million, compared to $0.251 million for the last year. Net loss was $0.204 million, compared to $0.319 million for the last year. Net loss per basic and diluted share was nil, compared to nil for the last year. Net cash used in operating activities was $0.217 million, compared to $0.314 million for the last year.

S.D. Standard Drilling Plc Reports Audited Consolidated Earnings Results for the Year Ended Dec. 31, 2014

S.D. Standard Drilling Plc reported audited consolidated earnings results for the year ended Dec. 31, 2014. For the year, the company reported operating loss of $16.22 million, compared to operating profit of $68.64 million for the last year. Loss before income taxes was $16 million, compared to Income before income taxes of $69.5 million for the last year. Net loss was $16.07 million, compared to net profit of $69.51 million for the last year. Net loss per basic and diluted share was $0.06, compared to EPS of $0.27 for the last year. Net cash used in operating activities was $1.73 million, compared to $8.76 million for the last year.

S.D. Standard Drilling Plc, Annual General Meeting, Jun 18, 2015

S.D. Standard Drilling Plc, Annual General Meeting, Jun 18, 2015., at 11:00 E. Europe Standard Time. Location: 6 Maximou Michaelidi Street, Maximos Plaza, Tower 3, 4th Floor. 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, 2014; to approve the auditors' remuneration for the year ended December 31, 2014; to re-appoint the auditors of the company Messrs PriceWaterhouseCoopers Limited who will continue in office for the year 2015 and until the conclusion of the next annual general meeting and to authorize the board of directors to fix their remuneration for the year 2015; 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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