Awilco Drilling PLC reports contract revenue of USD 12.0 million (USD 12.6 million Q1), EBITDA of USD 3.0 million (USD 3.7 million in Q1) and a net profit of USD 1.6 million, (USD 1.3 million in Q1).
Revenue efficiency was 96.7% during the quarter (87.5% in Q1).
Operational uptime was 94.2% during the quarter (95.9% in Q1).
Contract backlog at the end of Q2 was approximately USD 7.1 million (USD 8.0 million Q1).
Please see attached for the Q2 2021 report.
A digital presentation will be held today, 18 August 2021, at 10:00 UK time (11:00pm CEST / 05:00 EDT). The presentation material 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 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_MDJmZWQ2MzktMGVmZi00MDYyLWE1NzEtZDNjZTU0OGMzMmNj%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%7C2b2abf661e24435ef47208d95ceedec3%7C13406330ee5743ad9fa7ea6e572899d4%7C0%7C0%7C637643003283479700%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=4u8MBfWDarawswwC0L9VOnOrUmNbP6thVPzYorouUq4%3D&reserved=0
A replay of the presentation will be made available on the Company website after the event.
Aberdeen, 18 August 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
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Attachment
