Independence Contract Drilling, Inc. Announces Emergence from Chapter 11 as a Private Company with Increased Liquidity and a Significantly Deleveraged Balance Sheet
Independence Contract Drilling, Inc. (the “Company” or “ICD”) today announced that it has successfully completed its Chapter 11 restructuring process and has emerged as a private company that is financially and operationally stronger and well-positioned for the future. ICD's Plan of Reorganization was confirmed by the Bankruptcy Court onJanuary 9, 2025. As a result of […]