TIDMAWDR 
 
 
   Awilco Drilling PLC reports contract revenue of USD 12.6 million (USD 
8.6 million Q4 2020), EBITDA of USD 3.7 million (USD 2.6 million loss in 
Q4 2020) and a net profit of USD 1.3 million, (USD 152.9 million loss in 
Q4 2020). 
 
   Revenue efficiency was 87.5% during the quarter (54.1% in Q4 2020). 
 
   Operational uptime was 95.9% during the quarter (81.8% in Q4 2020). 
 
   Contract backlog at the end of Q1 was approximately USD 8.0 million (USD 
15.0 million Q4 2020). 
 
   Please see attached for the Q1 2021 report. 
 
   A digital presentation will be held today, 12 May 2021 at 11:00 UK time 
(12:00pm CEST / 06:00 EDT). 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 
https://www.globenewswire.com/Tracker?data=qXHUqv4UfwUIgIPhhQs3ra7jHD5q9IA-dOFy1y5BIjhxEl36nXhCXDDFlBfHhBuKtrsUFtk6cczjbATY4HW4E0JF_KbUdSO25JT8oQi5MQrBILhgcMzKgZzjkexTMkrZ76GPimw9ppqELNh3e4wWTNa5qB4ufIfzXJK8fN9DA-OSiXE4MoLsCQCK7uR-yGkI8VekKXq2fuasXTvEe5XOdtkQMgl7fqtSyFPS-gFudu89mAgOopg5pwFPsJ4ktrmcohJEAxFQxSvqJsZ9vNQk9FF6bVxoOIxk-fyR06shR7rGzvmhd5cD_w-JOpxuxdUwo0lPj-c2l27QzQXhGu1YmYsUbvT4Zd3gB7tGi9p8jbFp_cfnY9-F8FLzAGffaglmdAvKKZaZ-9R9Fn15UwPWyHkG_lb9AUkcaWVZhktv-r9hzFmDTt_DSdUN1qYzT2zjPnsugb6SkNuoLbtqZ-8b3Lt7Aoj_ry0XCFDVmAA0_UNTFcfJYgle5Aq7zJl-qyiU6YK3sbHJZYSP0tDfXAwWsdvOR7ARVd479rcsRsMvFrASCahOz5NcanONJRTRfbgasarcDl29aqFnBwQkgOAwPpJgvgIzi6AGIEBJxCJtF_BvahI0bgRBDvqkr26vO5OTp9h2PZ5AxeosZySo4a9pyqi6gYpp9SNSEXh8t96kBJlb-6VlfIBqPtP37Tt4hRBQBbQ1c8zAw-1PFymZzjAIxGMaT0hKugS_WeWc7J2dnO3p8MF77GhAvbq6CNJhW9bQHv0zTQD-w7jhKvy-D4hBrbM4tPrO3UR5oxVqg7ia_r9cFa6rU3v2cEH9jPxcqWStNq9wS5Hr_hzGsOnM0aFLn2bTjj7YR4QKB0inJvC1RznJeufSRBjYIwwsJLByl5PrPZTfXyWGCNNhzL4hM2PVN1n8g9fWlBDGosir_oqvs0HbV7EzlQOT5ZEaWBnQzXnaD_X7p_uRIkOjtu6NdWwn4YzrSXBEq8VWC6UmjMZbI9FnYsK1lfqH-rTcXf2Rh02- 
or copy and paste the following address into your browser: 
 
   https://eur01.safelinks.protection.outlook.com/ap/t-59584e83/?url=https%3A%2F%2Fteams.microsoft.com%2Fl%2Fmeetup-join%2F19%253ameeting_ZjczYTA1M2UtNmM4OS00YzU2LThlY2ItNWY3YjFjZjIxZDQw%2540thread.v2%2F0%3Fcontext%3D%257b%2522Tid%2522%253a%2522c6903860-15d6-4675-a5fe-cf03764de020%2522%252c%2522Oid%2522%253a%2522b70a3a9b-a081-41f9-b2a4-3e57ef82979e%2522%252c%2522IsBroadcastMeeting%2522%253atrue%257d%26btype%3Da%26role%3Da&data=04%7C01%7Cchaavind%40awilhelmsen.no%7C090302b4ad4f4f6a2fa408d9106333c7%7C13406330ee5743ad9fa7ea6e572899d4%7C0%7C0%7C637558840519020902%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=cMy4%2FEu04KXgaC%2FrbeSD%2FL00rx6RmAKc3M2VT7I4Iy8%3D&reserved=0 
 
 
   A replay of the presentation will be made available on the Company 
website after the event. 
 
   Aberdeen, 12 May 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: ch@awilcodrilling.com 
https://www.globenewswire.com/Tracker?data=v9OSV2lAh3KBRIy3Nj_fHXy1EB441_Fr5wJ07AAMP1mWpJHGqZ-VVXXqrFXta2Vgep1BH23mSFU8572hwaHXwORlvpe112F2hFvxat6hiVc= 
 
 
   This information is subject of the disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
 
 
   Attachment 
 
 
   -- AWDR Q1 2021 report 
      https://ml-eu.globenewswire.com/Resource/Download/006a38d3-5280-489f-b76b-cf257eb51a4b 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

May 12, 2021 01:00 ET (05:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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