Stampede Drilling Inc. announced the appointments of Mr. Lyle Whitmarsh, Stampede's CEO, to the position of Chair of the Board of Directors, and Mr. Thane Russell, one of Stampede's independent directors, to the position of Lead Director. These appointments follow the Company's current Chair, Mr. Elson McDougald, advising the Company's Board of Directors that he has decided to step back from his duties as Chair and resign from the Board of Directors.