Brief: Awilco Drilling Q2 EBITDA At USD 2.5 Million

Awilco Drilling

14/08/2019 06:11

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

Source text for Eikon:  ID:nGNE4gc7Lc 
Further company coverage:  AWDR.OL 

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