0Q2K Awilco Drilling Plc

 
TIDMAWDR 
 
   The WilPhoenix incurred technical downtime on Monday 16(th) November 
whilst operating for Serica Energy (UK) Limited on the Rhum R3 
Intervention Project. Repairs to the failed equipment have been 
completed but the rig remains on zero rate awaiting weather conditions 
to allow the work to continue. Operations are expected to resume on or 
about 17(th)  December but as a consequence of the downtime and weather 
delays, WilPhoenix is expected to remain at Rhum until late January 
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. Awilco Drilling also has one new build rig on order of Moss 
CS60 ECO MW design equipped for drilling in harsh environments, and an 
option for one additional rig of the same design. 
 
   Aberdeen, 15 December 2020 
 
   For further information please contact: 
 
   Jens Berge, CEO 
 
   Phone: +44 1224 737900 
 
   Cathrine Haavind, IR Manager 
 
   Phone: +47 93 42 84 64 
 
   Email: 
https://www.globenewswire.com/Tracker?data=NjZKrR6mH63RZbLKl8FDgX2_nzNqOw4XJ1UYkIO5xNJ96Kb9pmvDmEjLr_2ZzpBlnPTPBiLKhT6wqJUFreSSiDoDOWIvp1kAuahMlV_iMfU= 
ch@awilcodrilling.com 
 
   This information is subject of the disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
 
 
 
 
 

(END) Dow Jones Newswires

December 15, 2020 02:15 ET (07:15 GMT)

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