(Limassol,25 June 2021 )S.D. Standard Drilling Plc (Standard Drilling, OSE:SDSD) today announces the agreement with investment professionalEspen Westeren to strengthen the company's investment and analysis capabilities. "We´re pleased to announce the partnership withEspen Westeren . Espen has extensive experience from our industries, brings a strong investment track-record and will add valuable capacity within investments and analysis to our team, " says Martin Nes, Chairman of Standard Drilling. Standard Drilling has entered into an agreement to partner withEspen Westeren , currently managing his privately heldTitan Ventures . Westeren has previously served as founder and chief investment officer atTitan Capital Management , and worked five years at Seatankers/Frontline Corporate Services. He has also experience as a portfolio manager and analyst atHBK Investments and Martin Currie Investments respectively, and holds a MPhil Economics from theUniversity of Cambridge .Espen Westeren will start immediately and work closely with the new Head of Investment,Espen Fjermestad , which will join Standard Drilling inAugust 2021 . ENDS For additional information, please contact: General Manager,Evangelia Panagide at +357 99 77 11 16 Chairman of the Board, Martin Nes at +47 92 01 48 14 Standard Drilling|www.standard-drilling.comS.D. Standard Drilling was founded in 2010. In addition to a 33.3% ownership of a VLCC, the company currently has 100% ownership interest in four large-size Platform Supply Vessels (PSVs), indirect ownership interest in six mid-size PSVs and a share portfolio.S.D. Standard Drilling is headquartered inCyprus and is listed onOslo Stock Exchange with the ticker code SDSD.
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