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Awilco Drilling PLC

AWDR.OL

Latest Trade

16.30NOK

Change

0.30(+1.88%)

Volume

332

Today's Range

16.30

 - 

16.45

52 Week Range

13.00

 - 

44.00

As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Awilco Drilling Q2 EBITDA At USD 2.5 Million

Aug 14 (Reuters) - Awilco Drilling PLC <AWDR.OL>::Q2 CONTRACT REVENUE $10.4 MILLION VERSUS $9.0 MILLION YEAR AGO.Q2 EBITDA USD 2.5 MILLION (USD 0.3 MILLION LOSS IN Q1).AWILCO DRILLING - CONTINUES TO SEE STRONG DEMAND FOR MODERN HIGH END SEMI-SUBMERSIBLES IN NORWAY AND INTERNATIONALLY WITH R.UK MARKET IS EXPECTED TO REMAIN SOMEWHAT SEASONAL AS WE LOOK TOWARDS 2020.WE EXPECT A NUMBER OF FIXTURES IN THE NEAR TERM IN SUPPORT OF HIGH LEVELS OF UTILISATION FOR THE MARKETED FLEET IN Q2 AND Q3.

Awilco Drilling Cancels Subsequent Offering

June 5 (Reuters) - Awilco Drilling PLC <AWDR.OL>::REG-AWILCO DRILLING PLC: CANCELLATION OF SUBSEQUENT OFFERING.RESOLVED TO CANCEL INTENDED SUBSEQUENT OFFERING SINCE SUBSCRIPTION PRICE IN SUBSEQUENT OFFERING WOULD HAVE BEEN HIGHER THAN CURRENT SHARE PRICE.

Awilco Drilling Unit Signs Contract With Keppel Fels

March 22 (Reuters) - Awilco Drilling PLC <AWDR.OL>::AWILCO DRILLING PLC: CONTRACT SIGNED WITH KEPPEL FELS FOR THE BUILDING OF SECOND NEW SEMI-SUBMERSIBLE DRILLING RIG.SUBSIDIARY AWILCO RIG 2 PTE. LTD. SIGNED A CONTRACT WITH KEPPEL FELS SHIPYARD IN SINGAPORE.COST FOR RIG DELIVERED FROM YARD IN SINGAPORE IS APPROXIMATELY USD 425 MILLION.DELIVERY IS PLANNED FOR LATE Q1 2022.

Awilco Drilling: New CEO, Rig Newbuilding, Private Placement

March 8 (Reuters) - Awilco Drilling PLC <AWDR.OL>::REG-AWILCO DRILLING PLC: AWILCO DRILLING CONTINUES TRANSFORMATION WITH APPOINTMENT OF NEW CEO, DECLARATION OF RIG NEWBUILDING OPTION AND CONTEMPLATED PRIVATE PLACEMENT.ANNOUNCE THAT JENS BERGE HAS BEEN APPOINTED CHIEF EXECUTIVE OFFICER.MR BERGE WILL SUCCEED JON OLIVER BRYCE AS CEO.AWILCO RIG 2 PTE. LTD. HAS DECLARED ITS OPTION WITH KEPPEL FELS SHIPYARD IN SINGAPORE FOR BUILDING OF ONE NEW CS60 ECO MW SEMI-SUBMERSIBLE DRILLING RIG.COST FOR RIG DELIVERED FROM YARD IN SINGAPORE IS APPROXIMATELY USD 425 MILLION.RIG DELIVERY IS PLANNED FOR MARCH 2022.IS CONTEMPLATING A PRIVATE PLACEMENT OF NEW SHARES WITH GROSS PROCEEDS UP TO APPROXIMATELY USD 20 MILLION.IS CONTEMPLATING PRIVATE PLACEMENT DIRECTED TOWARDS NORWEGIAN AND INTERNATIONAL INVESTORS.SUBSCRIPTION PRICE WILL BE FIXED AT NOK 31.80 PER SHARE.WILL ENTER INTO SHARE LENDING DEAL WITH AWILHELMSEN OFFSHORE AS IN ORDER TO FACILITATE DELIVERY OF SHARES ALLOCATED IN PRIVATE PLACEMENT.PRIVATE PLACEMENT WILL BE SETTLED WITH EXISTING AND UNENCUMBERED SHARES IN CO THAT ARE ALREADY LISTED ON OSLO BØRS.SUBJECT TO COMPLETION OF PRIVATE PLACEMENT, INTENDS TO CARRY OUT SUBSEQUENT OFFERING OF NEW SHARES.SUBSEQUENT OFFERING WILL BE DIRECTED TOWARDS SHAREHOLDERS IN CO.SUBSCRIPTION PRICE IN SUBSEQUENT OFFERING WILL BE EQUAL TO SUBSCRIPTION PRICE IN PRIVATE PLACEMENT.

Awilco Drilling Q4 Operating Result Turns To Loss Of $23.5 Million

Feb 13 (Reuters) - Awilco Drilling PLC <AWDR.OL>::Q4 CONTRACT REV $10.2 MILLION VERSUS $33.5 MILLION YEAR AGO.Q4 OPERATING LOSS $23.5 MILLION VERSUS PROFIT $20.6 MILLION YEAR AGO.IN Q4 INCURRED AN IMPAIRMENT CHARGE OF USD 25 MILLION, DUE TO THE CONTINUED COLD STACK STATUS AND LACK OF VISIBILITY OF CONTRACTING OPPORTUNITIES IN THE NEAR TERM FOR THE WILHUNTER.

Awilco Drilling Q3 Net Loss Of USD 10.2 Million

Nov 13 (Reuters) - Awilco Drilling PLC <AWDR.OL>::Q3 CONTRACT REVENUE OF USD 3.2 MILLION (USD 9.0 MILLION IN Q2).Q3 EBITDA USD 6.5 MILLION LOSS (USD 1.9 MILLION LOSS IN Q2).CONTRACT UTILISATION WAS 12.8% DURING Q3 (13.9% IN Q2)..Q3 NET LOSS OF USD 10.2 MILLION (USD 7.6 MILLION LOSS IN Q2)..

Awilco Drilling Shares Admitted To Listing On Oslo Børs

Aug 29 (Reuters) - Awilco Drilling PLC <AWDR.OL>::OSLO BØRS HAS RESOLVED TO ADMIT SHARES IN AWILCO DRILLING PLC TO LISTING ON OSLO BØRS.

Awilco Drilling Suspends Dividend Despite Market Improvement

Aug 15 (Reuters) - Awilco Drilling PLC <AWDR.OL>::REPORTED CONTRACT REVENUE OF USD 9.0 MILLION (USD 34.1 MILLION IN Q1).Q2 EBITDA USD 1.9 MILLION LOSS (USD 24.0 MILLION PROFIT IN Q1).CONTRACT BACKLOG AT END OF Q2 WAS APPROXIMATELY USD 44.2 MILLION (APPROXIMATELY USD 7.6 MILLION END OF Q1).BOARD OF DIRECTORS HAS, THEREFORE, DECIDED TO SUSPEND DIVIDEND AND WILL RESUME SAME WHEN COMPANY AGAIN REACHES AN APPROPRIATE FREE CASH FLOW SITUATION.Q2 CONTRACT UTILISATION WAS 13.9% DURING QUARTER (50% IN Q1)..IN THE NORWEGIAN MARKET FOR MODERN HIGH-END SEMI SUBMERSIBLES ADDITIONAL NEW FIXTURES HAVE MATERIALIZED WITH LEADING EDGE DAYRATES NOW ABOVE USD 300,000 PER DAY.FURTHER LONG TERM DEMAND DEVELOPMENT IS ANTICIPATED, UNDERPINNING THE CURRENT POSITIVE IMPACT SEEN ON CONTRACT UTILIZATION AND DAYRATES IN THAT SEGMENT.AWILCO DRILLING ABOUT UK RIG MARKET: WE SEE SOME INCREASED ACTIVITY ON THE BACK OF A ROBUST OIL PRICE AND IN COMBINATION WITH EXPECTED ATTRITION, UTILISATION IS EXPECTED TO IMPROVE BUT REMAIN SEASONAL ALSO GOING INTO 2020.

Awilco Drilling Applies For Transfer Of Listing To Oslo Børs

Aug 14 (Reuters) - Awilco Drilling PLC <AWDR.OL>::APPLICATION FOR TRANSFER OF LISTING TO OSLO BØRS.

Awilco Drilling Signs Contract With Shell

May 18 (Reuters) - AWILCO DRILLING PLC <AWDR.OL>::REG-AWILCO DRILLING PLC: CONTRACT SIGNED WITH SHELL.CONTRACT VALUE FOR FIRM TERM IS ESTIMATED AT USD 38.3 MILLION..FIRM 18 WELL PROGRAM HAS AN ESTIMATED DURATION OF 330 DAYS AND IS SCHEDULED TO COMMENCE AROUND 1 SEPTEMBER 2018.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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