Brief: Awilco Drilling Q1 operating result swings to loss $18.3 million
11/05/2016 06:03
May 11 (Reuters) - Awilco Drilling Plc AWDR.OL :
* Q1 contract revenue $0.0 million versus $67.8 million year ago
* Q1 operating loss $18.3 million versus profit $47.7 million year ago
* Says recent positive development in oil price and attrition of rigs has led to enquiry and
tendering activity for 2017 and 2018 to increase
Source text for Eikon: ID:nHUG2cyW2D
Further company coverage: AWDR.OL
(Gdynia Newsroom)
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