Brief: Borr Drilling Sells Drilling Rig To BW Energy
02/11/2020 11:57
Nov 2 (Reuters) - Borr Drilling Ltd BDRILL.OL :
* BORR DRILLING LIMITED - SALE OF RIG
* ENTERED INTO AN AGREEMENT TO SELL ITS COLD STACKED 2003
BUILT
JACK-UP DRILLING RIG "BALDER" TO BW ENERGY.
* COMPLETION OF SALE IS EXPECTED IN Q4 2020
* COMPANY WILL RECEIVE USD 4.5 MILLION SALE PROCEEDS
* FOLLOWING THESE RIG SALES, BORR DRILLING WILL HAVE 28
MODERN
ASSETS BUILT AFTER 2011
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