Aug 17 (Reuters) - Awilco Drilling Plc AWDR.OL :
* Q2 contract revenue $24.4 million versus $68.4 million year ago
* Q2 EBIT $8.7 million versus $45.8 million year ago
* Board approved dividend distribution payable in Q3 2016 of $0.10 per share
* Supply of drilling rigs in UK continues to exceed demand and market is expected to become
increasingly seasonal through 2017
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