Form 8-K for Integrated Drilling Equipment Holdings Corp.
Change In Directors or Principal Officers, Regulation
On July 21, 2014, James Terry, age 60, was appointed Chief Executive Officer of Integrated Drilling Equipment Holdings Corp.
Integrated Drilling Equipment, has acquired S&P Drives Automation Controls (S&P DAC), LLC, CEO Steve Cope announced. S&P DAC will now be known as International Electric Company (IEC) Automation and Controls.
“The acquisition of S&P Drives Automation Controls’ advanced technology is a key part of our growth strategy, enabling IDE to position itself in the forefront of rig automation
S&P DAC designs and manufactures advanced drilling control and automation systems. Charles Piper and Matt Shaw’s 35 years of combined experience have allowed them to provide consultation and the development and support of custom, advanced control systems for drilling rigs where open source access was available.
Now as IEC Automation and Controls, the new division will operate with support from IEC Systems – a full-service electrical design, engineering, manufacturing, supply and installation division of IDE. IEC Systems services a global clientele specializing in the maintenance of electrical, lighting, power generation, fire and gas detection, communication, alarm, shutdown, and control systems.
August 8, 2012
Integrated Drilling Equipment (IDE) Company, has increased their presence in North American shale plays with the fulfillment of the 12th contract for the Sparta Drilling System.
Introduced three years ago, Sparta is a safe, highly efficient, fast-moving rig designed for well programs where drilling time is minimal and fast, efficient rig moves are essential. This flexible modular design is capable of rigging up the V-door in either the X- or Y-axis position from well to well, meeting the strictest Department of Transportation load limitations.
Over the past two years, IDE has delivered 12 Sparta-style land rigs, nine Self Elevating Drilling System (SEDS) style land rigs, and additional rig designs and refurbished rigs totaling 56 rigs delivered since 2007. During the same time IEC, a wholly owned subsidiary, has delivered 68 Silicon Controlled Rectifiers (SCRs) and Variable Frequency Drive (VFD) control houses for rigs.Integrated Drilling Equipment Company is a vertically integrated drilling rig manufacturer certified by the American Petroleum Institute. The company actively sells several lines of fast-moving land drilling rigs, offshore platform rig drilling packages, onshore and offshore rig refurbishment, electrical drive systems, automation, and field services.