Contract signed for WilPhoenix Oslo Stock Exchange:AWDR

Awilco Drilling PLC is pleased to confirm that a contract has been signed with Ithaca Oil and Gas Limited for the provision of WilPhoenix for a single exploration well at Fotla in Block 22/1b. The well will commence no earlier than 31st May 2021.

WilPhoenix is one of Awilco Drilling’s two Enhanced Pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft.

Aberdeen, 19 April 2021

For further information please contact:
Eric Jacobs, interim CEO
Phone: +44 1224 737900

Cathrine Haavind, IR Manager
Phone: +47 9342 8464

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