/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR
DISSEMINATION IN THE UNITED
STATES/
CALGARY, AB , Feb. 5, 2023
/CNW/ - Stampede Drilling Inc. ("Stampede" or the "Company") (TSXV:
SDI) announced today the appointments of Mr. Lyle Whitmarsh, Stampede's CEO, to the position
of Chair of the Board of Directors, and Mr. Thane Russell, one of
Stampede's independent directors, to the position of Lead
Director.
These appointments follow the Company's current Chair, Mr.
Elson McDougald, advising the
Company's Board of Directors that he has decided to step back from
his duties as Chair and resign from the Board of Directors.
Mr. Whitmarsh commented, "We owe a debt of gratitude to Elson
for his longstanding dedication to Stampede and the leadership he
exhibited as Chair. Elson has worked tirelessly since
Stampede's inception to help build Stampede to the successful
contract driller it has become. We thank him for his service, and
wish him the best in the future."
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Stampede Drilling Inc.
