- 18th August 2021
- Posted by: Awilco Drilling
- Category: 2021
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:
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
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.