Ensuring Compliance with laws and regulations is paramount at HC Drilling. We have well-established policies and procedures to operate our business effectively. We update our policies, regulations and guidelines to better achieve our business objectives, follow best practices and comply with regulations imposed by the various jurisdictions in which we operate.
All HC Drilling employees must abide by the laws and regulations to which HC Drilling is subject, with personal commitment to honesty, loyalty and transparency.

Our Compliance department, developed and launched in 2016, ensures that HC Drilling business transactions and processes are executed according to the relevant rules, regulations and company-established policies and procedures. The Compliance department also makes sure that the Internal Control System (ICS) is functioning efficiently and effective lee by driving sustainable improvements. Further, the independent Internal Audit function, established in 2017, reflects management’s commitment to strengthening the ICS.

Our Compliance department ensures the effectiveness and efficiency of HC’s corporate governance by:

• Reviewing, enhancing and developing HC policies and procedures;

• Ensuring relevant internal control processes are adequately built into those policies and procedures;

• Reviewing implementation of policies and procedures to ensure their effectiveness and efficiency;

• Ensuring the Code of Conduct is appropriately adhered to in all business activities and that instances of conflict of interest, if any, are properly identified and addressed for appropriate management action;

• Ensuring all business transactions are executed as per the approved authority matrix; and

• Ensuring that HC complies with all statutory requirements as per local laws and regulations