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Stoneham Drilling provides contract drilling services to oil and natural gas exploration and production companies operating within the Western Canada Sedimentary Basin and the Anadarko Basin of Oklahoma. Our competitive niche is in the medium-deep segment, drilling wells to depths between 2,000 and 5,500 metres. With our modern, innovative fleet of drilling rigs, we are an industry leader in operational performance, safety, and rig utilization.

Stoneham Drilling Trust (SDG.un) began trading on the Toronto Stock Exchange (TSX) on January 6, 2005.

Mission Statement

At Stoneham, we create an environment for our people to excel with safety and integrity as part of our culture. We build strong relationships by providing quality and value. We deliver industry-leading performance, rig utilization, and returns to our stakeholders.

Investment Attributes

  • Industry leader in contract drilling services
  • Consistent track record of above average operational performance and rig utilization
  • Experienced and proven management
  • Innovators in rig design
  • Excellent assets, life cycle of 25+ years
  • Positive, long-term industry fundamentals
  • Business designed to be profitable through industry cycles
  • Selective in pursuit of growth opportunities