August 11, 2009 (FinancialWire) — Union Drilling, Inc. (NASDAQ: UDRL) (Current Market Cap: $151.46 Mil.) said that A.J. Verdecchia plans to resign from his positions as the company’s VP, chief financial officer and treasurer to pursue an opportunity outside the industry. The company said it has launched a CFO search with a national executive recruiting firm.

Verdecchia has agreed to remain with Union Drilling in his present capacities through September 30 to enable an orderly transition.

Fort Worth, Texas-based Union Drilling provides contract land drilling services and equipment, primarily to natural gas producers, in the United States. The company currently owns and markets 71 rigs and specializes in unconventional drilling techniques.

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