Awilco Drilling PLC reported total revenue of USD 44.4 million (USD 32.5 million in Q2 2012) and EBITDA of USD 24.2 million (USD 13.7million in Q2 2012).
Revenue efficiency was 96.6% during the quarter (70.8% in Q2 2012).
Contract backlog at the end of Q3 was USD 343 million.
Please see attached for the Q3 2012 report.
A quarterly presentation will be held on the 29th of November 2012 at 11:00 CET in Awilhelmsen’s offices at Beddingen 8, Aker Brygge, Oslo, Norway.
Aberdeen, 28 November 2012
For further information please contact:
Jon Oliver Bryce, CEO
Phone: +44 1224 737900
Cathrine Haavind, IR Manager
Phone: +47 93 42 84 64
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.