IADC Announces Leadership Changes

Houston, Texas (30 November 2015) – The International Association of Drilling Contractors (IADC) today announced the resignation of Stephen A. Colville as president and chief executive officer and the appointment of Jason E. McFarland as interim president, effective immediately. McFarland is a 20-year veteran of the IADC, most recently serving as vice president since 2008 and chief of staff since 2013.

“We are thankful for Stephen’s leadership over the past three and a half years as the IADC achieved many initiatives critical to our industry,” remarked Ed Jacob, 2015 IADC Chairman and President/Chief Operating Officer of Independence Contract Drilling. “Stephen has been instrumental in delivering IADC WellSharp™, a fit-for-purpose well control training and assessment program, establishing the Well Control Institute, and increasing IADC’s global exposure and influence in policy-making and regulatory arenas. On behalf of the Board of Directors, the Executive Committee and all IADC members, I would like to thank Stephen for his dedicated service to the IADC and wish him the best in his future endeavors.”

About IADC

Since 1940, the International Association of Drilling Contractors (IADC) has exclusively represented the worldwide oil and gas drilling industry. IADC’s mission is to catalyze improved performance for the drilling industry by enhancing operational integrity and championing better regulation to facilitate safer, cleaner and more efficient drilling operations worldwide. For more information, visit the IADC website at www.iadc.org.