SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Lime Rock Partners III, L.P.

(Last)

(First)

(Middle)

274 RIVERSIDE AVENUE

(Street)

WESTPORT

06880

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/07/2014

3. Issuer Name and Ticker or Trading Symbol
Independence Contract Drilling, Inc. [ ICD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	549,500	D
Common Stock	1,570,000	I	By Global Energy Services Operating, LLC⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Warrant (right to buy)	03/02/2012	03/02/2015	Common Stock	2,198,000⁽²⁾	$12.74	I	By Global Energy Services Operating, LLC⁽¹⁾

1. Name and Address of Reporting Person^*

Lime Rock Partners III, L.P.

(Last)

(First)

(Middle)

274 RIVERSIDE AVENUE

(Street)

WESTPORT

06880

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Global Energy Services Operating, LLC

(Last)

(First)

(Middle)

11616 NORTH GALAYDA STREET

(Street)

HOUSTON

77086

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Global Energy Services Operating, LLC directly owns common stock of the Issuer. GES Global Energy Services, Inc. directly owns 100% of the equity interests of Global Energy Services Operating, LLC. IDM Group, Ltd. directly owns 100% of the equity interests of GES Global Energy Services, Inc. and indirectly owns 100% of the equity interests of Global Energy Services Operating, LLC. Lime Rock Partners III, L.P. owns a majority of the equity interests in IDM Group, Ltd. This report shall not be deemed an admission that GES Global Energy Services, Inc., IDM Group, Ltd. or Lime Rock Partners III, L.P. is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purposes.

2. Reflects warrants that are held directly by Global Energy Services Operating, LLC.

Remarks:

	/s/ J. Will Franklin, as Authorized Person for Lime Rock Partners III, L.P.	08/07/2014
	/s/ Paul DeWeese., for Global Energy Services Operating, LLC	08/07/2014
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.