Awilco Drilling Reports Q1 2022

Awilco Drilling PLC reports no contract revenue in Q1 2022, EBITDA loss of USD 6.2 million and a net loss of USD 6.6 million.

Please see attached for the Q1 2022 report.

A digital presentation will be held today, Wednesday 25 May 2022, at 12:00 UK time (13:00pm CET / 07:00 EST). The presentation will be available for download on the Investor Relations section (go to “Press Releases”) at 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:

A replay of the presentation will be made available on the Company website after the event.

Aberdeen, 25 May 2022

For further information please contact:

Eric Jacobs, Interim CEO
Phone: +44 1224 737900

Cathrine Haavind, Investor Relations
Phone: +47 93 42 84 64

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.