Awilco Drilling Plc: Awilco Drilling Reports Q4 2020 Results
February 10 2021 - 12:30AM
UK Regulatory
TIDMAWDR
Awilco Drilling PLC reports contract revenue of USD 8.6 million (USD
10.6 million Q3), Adjusted EBITDA of USD 2.6 million loss (USD 1.7
million positive in Q3) and a net loss of USD 141.1 million, (USD 1.0
million loss in Q3). Net loss includes de-recognition of assets totaling
USD 110.8 million and impairments of USD 25 million.
Revenue efficiency was 54.1% during the quarter (100% in Q3).
Operational uptime was 81.8% during the quarter (100% in Q3).
Contract backlog at the end of Q4 was approximately USD 15.0 million
(USD 15.2 million Q3).
Please see attached for the Q4 2020 report.
A digital presentation will be held today, on 10 February 2021, at 13:00
UK time (14:00pm CET / 08:00 EST). The presentation will be available
for download on the Investor Relations section (go to "Press Releases")
at
https://www.globenewswire.com/Tracker?data=-TJUDNE6voyFB1q7YJHchkZtf5-OgBnXOKflWtoHCDga2n0skkzoesc7BsAH_rZvbXowRUhoDvJsiezr5nXqTPW8Y6Ja0UzMnpvliXYVt1Q=
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
https://www.globenewswire.com/Tracker?data=Uqbj2B1E0cQl_VtrFjF2Vhh7AJxHhgI_lU2MDtKvdHtcntclBREPT3DdMKrhScIJHO6diQeO-WGkMIbPldVvuccH2UnYnVFGeqA2rHsDPF7C4fM67JV8mzK-QHgRl24926R4waIRnWqac8gCBrZ6E_STfR-6liLXjUwYsKnlKMhyD_8uns5x5MWpugqf_gwElllRHJkNnspVPM5Iqg8qZeE8okzBGyIIj7480mlN_MaI48kigXmOG3nxC_x5AicThWvYZC4fvKoOeSXLH65ywtHy9rmWbSC1PhMdIUEBnz-Pz5ZMofZ4kn6Om6eDd7ZP9iMpR2D3WLy4SQFK0SsQzakerY1H1eb9pANy29wzv-oqm3vEW7jJ-5MSa8dLlggnDN6zAPl43NJTnbZHyOhf0v3TrH1i3Hnm-Oee7BqjPJA=
or copy and paste the following address into your browser:
https://www.globenewswire.com/Tracker?data=o9qFAQgmZkWMAjswZ3LoEohMQ67DuKc-mCaIPjWyw_W153vjpsTkjR86vguCylgTLrwi6P827qvQXCu0TNgCqPGzFCR37ftUr61k17gtF6rQKfPYkRvw8M0hkJXhCiQRg3TnVXFT0T055Zx4R0H3T-pcIBM5zq7pFVWY5FSI3nrLiEDlz8NMB47z6pJ_4_qXxFzwlnXTBS35UyszffhFxIbWWV7nuoxUXz3H1bfjysQ14oRziViCihBnn5efv5xFWGTjKYMBzXJZm5x_5XrcRzW0jRJ02HL2m01E2wKjy6E1osKzA_iVU_imVyUZuQImME2RTdoYIgGgPwy2KJOuUy3G6S3joCHG_ozDiGFj9AoInQ9I6anqpqTKInYfgZ6wwAoBO-qaraS2IfW065HxJty7s7SRDvdrv1J7_dfqz25nu3vbHVTfYKF6W6Emtr7muI-J0elf_l26uAhp0Iy7QlFbU46FKHa-doY8JOZAc-hUtON_vO9kyxWzcGgS_pAzIkcCMY5JSmnxqnDdsE34YNftP9_9IqgoGP_z_iIk4KbqexVzOsDmj899L48tKqd_6PwK9EixSHBUJOcyccaRzO0xNIxiHdxTeVKjFH0-AWAIyNqQpk5iNVw8mK_ea66zKUjwzi9cCVKWjL95GX0kDb08TC8QoYBLv1qvRXFIkT1Em6vDas6fdc5nPL8ht34kICtA0FO7LHrUCCwwA8Vuav9mAgdtMi04YaFCDNghYeepO415PP1vSy8J3v-gKiJUuE527ZaYlzldvIeN78GEOFGNSEAXoWNZrb4MacCA16jejR1A1VF3g3FnDIzanlBAs6sFehwCkBsxCg6d4wbycFieEPppDRXuYr8OEBCq6pEqDqnK7o9qhCRCgaoGa5-RTwe9YDKMEzIWPvc4WdlJhjqozLVmHdvLxSgXoEMV22ctQ9W8RmZglvOZrChIDxuqa6sZEZ8rJ8llr1lnWnmNPoPOzxd1kuGAUrybHLSRPB4f2iIGTOfmJ_jbfNjUIOviP2RkVsvodGpXEDo4s-cqpVdxi2TzFweP7cGJHNgNkqWzQdffC2QdYOJVa7d1GPcsaUL8GKUvTVN7BULJamZyk3muRylgR1qrYEHZ9-wkE5PeRnS1hCd0LWfZIjwJM0TPRXN0towUghrBT3urR81SFx7Nrz7cqvtyXmAlJ8sccIDPcLORw1AsyPsXvTF6vk3EfJyurbG0QmABIS-2LUyO8W7LgzKtAM2B0K3dO7NoE6Pyua4UZP-ry7gB2OCs4541qdZUbdA1e16Ped6_oMWEX8E4A5zVkBJ4ftAp23Yg7zkO9FtDfMA1-D4_IagmGk0q
https://teams.microsoft.com/l/meetup-join/19%3ameeting_ZDU1M2ZkMzYtNjQwNi00NTU1LTg5OTctM2IzMjUxMmY3Y2Iy%40thread.v2/0?context=%7b%22Tid%22%3a%22c6903860-15d6-4675-a5fe-cf03764de020%22%2c%22Oid%22%3a%22b70a3a9b-a081-41f9-b2a4-3e57ef82979e%22%2c%22IsBroadcastMeeting%22%3atrue%7d
A replay of the presentation will be made available on the Company
website after the event.
Aberdeen, 10 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
Email:
https://www.globenewswire.com/Tracker?data=0U35mIfa5X6fysj-zn3gOTNsFBH9dOqjJOPgynYrnhkQO7GGHXIJsEhdSf7mjrpdExEmbHqU-Z_Ta0mk4nBfi7H6JMdeT6PcvTykEQtOlCs=
ch@awilcodrilling.com
This information is subject of the disclosure requirements pursuant to
section 5-12 of the Norwegian Securities Trading Act.
Attachment
-- AWDR Q4 2020 report
https://ml-eu.globenewswire.com/Resource/Download/43bb09b9-c7d8-4528-a575-c7f28d0018e0
(END) Dow Jones Newswires
February 10, 2021 01:30 ET (06:30 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Awilco Drilling (LSE:0Q2K)
Historical Stock Chart
From Mar 2024 to Apr 2024
Awilco Drilling (LSE:0Q2K)
Historical Stock Chart
From Apr 2023 to Apr 2024
Real-Time news about Awilco Drilling Plc (London Stock Exchange): 0 recent articles
More Awilco Drilling Plc News Articles