S.D. Standard Drilling Plc announced that Martin Nes will succeed Gunnar Hvammen as Chairman of the Board, effective immediately. Following the appointment as Chairman, Mr. Nes will resign as CEO of the company. Mr. Hvammen will remain on the company's Board.

Mrs. Evangelia Panagide has, from September 1, 2013, been appointed as General Manager of the company. The company furthermore announced that Mr. Espen Lundaas will from September 1, 2013, take up the position as Acting CFO of the company. Having previously held the same position, Mr. Lundaas is well versed in the company.

Mr. Lundaas is also CFO in the Ferncliff Group.