Independence Contract Drilling COO to retire

Edward S. Jacob, III, president and COO of Independence Contract Drilling Inc. (NYSE: ICD), will retire as an officer of the company effective June 30, 2016. He will also resign his post as a director effective with his retirement concurrently on June 30, 2016.

The company does not intend to replace Jacob's officer position at this time.

Independence Contract Drilling provides land-based contract drilling services for oil and natural gas producers in the United States. 

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