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Share Name Share Symbol Market Type Share ISIN Share Description
Awilco Drilling Plc LSE:0Q2K London Ordinary Share GB00B5LJSC86 AWILCO DRILLING ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 47.00 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 0

Awilco Drilling Plc: Awilco Drilling Reports Q4 2021 Results

28/02/2022 9:00pm

UK Regulatory (RNS & others)

Awilco Drilling (LSE:0Q2K)
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From Sep 2021 to Sep 2022

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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 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.


   -- AWDR Q4 2021 report 

(END) Dow Jones Newswires

February 28, 2022 16:00 ET (21:00 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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