Awilco Drilling Plc: Awilco Drilling Reports Q4 2021 Results
01 March 2022 - 8:00AM
UK Regulatory
TIDMAWDR
Awilco Drilling PLC reports contract revenue of USD 1.0 million
(USD 7.4 million Q3), EBITDA loss of USD 7.8 million (USD 3.1
million loss in Q3) and a net loss of USD 50.7 million, (USD 4.6
million loss in Q3). Net loss includes impairment of USD 31.0
million.
Revenue efficiency was 90.1% during the quarter (97.4% in
Q3).
Operational uptime was 100% during the quarter (99.9% in
Q3).
Please see attached for the Q4 2021 report.
A digital presentation will be held on 1 March 2022 at 11:00 UK
time (12:00pm CET / 06:00 EST). The presentation will be available
for download on the Investor Relations section (go to "Press
Releases") at www.awilcodrilling.com prior to the meeting. There
will be a Q&A session after the presentation.
To join the digital meeting, please click this link
https://www.globenewswire.com/Tracker?data=E5Mg9q5CCRq17SLJkLbgDcyTZIikAdpkrV19Ls0IT51ebb7BUlB1H6LMW8PAHpbdJ6gghUlh1FgwUgp6-8wJBPowtHjYApyRbZuQK61birsFK_vTfVgk0B2P1MYHyvoD7MWV5NCBz6cUyO9CaNI2HtFxeRUyzdZQKtebrdukyjP3liKgbWQn9EbOfyY2JGcshXTmH1tP1RZD1hxkN7v0h2MHUE2I91KCiBcCUhAu2RgFC4mhCzdQyFO-oQRBhV4eH1RraYM769iDQg7klL_X65vMbIbHF_tQTRg3M8QPzQ9bXoEDMZGrrfWg-4GZCSJMHuQ0r1s_ooL0boxdprn1_uOtFv2nvZdHln2A-nhH-buK9bsw7PT4Tyqhe1gDdqewkDGhHntnAoiNPDu0XDIhNIa8r-AhdvPWSBXbmbZgqa8KD-HcD8ip7qU3HSu8cT6O7Skp4wA3PO8ks6vdFcyRSqKFR9Gi-08IJiDOYsoRrm98k0TCdjfPHEfwsWH1bdlE4rvs_qDjp0Ncex7M0F5b7G7hLlK1UsPczB3HGa_fOPPCJShGoVLuijTPLQJxxi2J2HS_zEcoBcRpyRfrKgS5dtk1os6J8BCuDiuU-4qNlFkAAmSRXkB2A0mXA6AmpyEoE_DMuWzkwr8dv3MqUB3YGrgBQbbeE5c8PHpoz04ngyQI38Jx4ejMOjT_pAHjgidK_SLoErtm4fMnhmElLqFo4uHbN1UyL1Sa5Dad5SSEBcnUcMQfJObX56OLwXiiX08Qqa-b3l3NHrGudYqulNhcI1Z5wvt-U8AMsM4brGZvJI6PsdyPaOv4tfHWI6G-kI6tfu0fQH3hKwqXI1iC0sWu0Ul8ImDOT4yMOUR0Xb5AOnysRyttGitDD7kzFGUUutq2j0TEqnV3HUUl9tSBlY1vOIrrV-Qn0gRnSjuaLw1rz9FZFiJ2gDn0OA_f-PzWQOT7EHxlneGxVc30ZpvEOShb-Znn1trUBKZahDBa8zl0j3jQH0exhQfqW0ziOiYMGWpj
or copy and paste the following address into your browser:
https://eur01.safelinks.protection.outlook.com/ap/t-59584e83/?url=https%3A%2F%2Fteams.microsoft.com%2Fl%2Fmeetup-join%2F19%253ameeting_N2I4NjkwNGMtZmI3YS00OTkxLTliZWEtYzE1YWE2NTFjYTYz%2540thread.v2%2F0%3Fcontext%3D%257b%2522Tid%2522%253a%2522c6903860-15d6-4675-a5fe-cf03764de020%2522%252c%2522Oid%2522%253a%2522b70a3a9b-a081-41f9-b2a4-3e57ef82979e%2522%252c%2522IsBroadcastMeeting%2522%253atrue%257d%26btype%3Da%26role%3Da&data=04%7C01%7Cchaavind%40awilhelmsen.no%7C8f4195fd12e04044b34608d9f7a8076f%7C13406330ee5743ad9fa7ea6e572899d4%7C0%7C0%7C637813123323817472%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&sdata=2W3dxhA2rKGndiyiiMbKjtrhZPSPs708jJMx8e6hPJ4%3D&reserved=0
A replay of the presentation will be made available on the
Company website after the event.
Aberdeen, 28 February 2021
For further information please contact:
Eric Jacobs, Interim CEO
Phone: +44 1224 737900
Cathrine Haavind, IR Manager
Phone: +47 93 42 84 64
Email: ch@awilcodrilling.com
https://www.globenewswire.com/Tracker?data=aelCykQKMa87aMt9vCF1j5VFVTcYXtkIrjqa1NKm2tfUEI8NkO-WaT1gCLkqDFvR_egmqdcwTUQU2E3hDLURJD2AdZ9UYRnSWY-KvoNtd6I=
This information is subject of the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
Attachment
-- AWDR Q4 2021 report
https://ml-eu.globenewswire.com/Resource/Download/73ce1365-d662-4b49-92f2-7bdc9baf1f25
(END) Dow Jones Newswires
February 28, 2022 16:00 ET (21:00 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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