Brief: Awilco Drilling Q4 EBITDA flat at $25.4 mln
14/02/2017 06:02
Feb 14 (Reuters) - Awilco Drilling Plc AWDR.OL :
* Board approved a dividend distribution payable in Q1 2017
of $0.20 per share
* Q4 contract revenue of $35.1 million ($35.7 million in Q3)
* Q4 EBITDA $25.4 million ($25.3 million in Q3)
* Q4 net profit of $14.9 million ($17.9 million in Q3)
* "Sustained current oil price, combined with a reduced
market fleet, gives optimism for better prospects from 2018"
Source text for Eikon: ID:nGNE2f7ssy
Further company coverage: AWDR.OL
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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