Awilco Drilling Plc: Ceo Resigns From Awilco Drilling

 
TIDMAWDR 
 
   Awilco Drilling PLC announces that Jens Berge, Chief Executive Officer, 
has decided to leave the Company with effect from 1 February to pursue 
other opportunities. Eric Jacobs, General Counsel in the Awilhelmsen 
Group, will act as interim Chief Executive Officer until the Board of 
Directors appoints a permanent replacement. 
 
   "The Board would like to thank Jens Berge for his contributions during 
the past two years as Awilco Drilling's CEO and understands his decision 
to be relieved from his position to pursue other opportunities. We wish 
Jens Berge all the best in the future." says Mr Sigurd E. Thorvildsen, 
Chairman of the Board of Awilco Drilling PLC. 
 
   "With the cancellation of Awilco Drilling's newbuild rigs, I feel that 
the prerequisites for my role have changed significantly. The Company 
has reached a crossroads and I have concluded that I would like to 
pursue new opportunities. However, Awilco Drilling is a great company 
and I wish the company and its skilled employees all the best." says 
Jens Berge. 
 
   Aberdeen, 31 January 2021 
 
   For further information please contact: 
 
   Eric Jacobs, interim CEO 
 
   Phone: [phone] 
 
   Cathrine Haavind, IR Manager 
 
   Phone: [phone] 
 
   Email: [e-mail] 
https://www.globenewswire.com/Tracker?data=JGv9Y5YbHGLNxGt1sUDXr90dJQwDHqv6WAGZTaZWBddnYUwM-PAvvMAkhJblwsqXud_TpxYXMzkVyd9ojOYAhoupp3UzPSmMtybZ3uCUu4Q= 
 
 
   This information is subject of the disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
 
 
 

(END) Dow Jones Newswires

January 31, 2021 14:21 ET (19:21 GMT)

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