SD Standard Drilling PLC is a Cyprus-based company active in the oil and gas industry. The principal activities of the Company are to build an oilfield services company, through assets, people and systems. The Company does not have any jack up rigs in its fleet, neither any rigs under construction. The Company has a number of wholly owned subsidiaries, such as the Cayman Islands-based Offshore Driller B325 Ltd, Offshore Driller 1 Ltd, Offshore Driller 2 Ltd, Offshore Driller 3 Ltd and Offshore Driller 4 Ltd, as well as the Singapore-based S.D. Standard Drilling (Singapore) Pte Ltd.