- 28th February 2022
- Posted by: Awilco Drilling
- Category: 2022
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 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, 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
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.