Brief: Noram Drilling Approves Monthly Cash Distribution Of $0.05 Per Share For September

Noram Drilling AS

12/09/2023 15:58

Sept 12 (Reuters) - Noram Drilling AS  NORAM.OL :
    * BOARD OF DIRECTORS APPROVED TODAY A MONTHLY CASH
DISTRIBUTION OF
USD 2.2 MILLION OR USD 0.05 PER SHARE FOR SEPTEMBER 2023
    * IN AUGUST 2023, COMPANY'S 11 DRILLING RIGS ACHIEVED AN
AVERAGE
OPERATING DAY RATE OF APPROXIMATELY USD 30,200 AND RIG
UTILIZATION WAS 74.2%
    * AS OF SEPTEMBER 12, 2023, 73% OF AVAILABLE RIG DAYS IN
SEPTEMBER
ARE CONTRACTED AT AN AVERAGE OPERATING DAY RATE OF APPROXIMATELY
USD 28,800
    * CONTRACTED BACKLOG BEYOND SEPTEMBER WAS APPROXIMATELY USD
18.7
MILLION WITH AN AVERAGE DAILY OPERATING RATE OF APPROXIMATELY
USD 28,000

Source text for Eikon:  ID:nObiswH8ka 
Further company coverage:  NORAM.OL 

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