Brief: Shelf Drilling (North Sea) Ltd Says Adjusted Revenues Of $27.7 Mln In Q1 2024
May 15 (Reuters) - Shelf Drilling (North Sea) Ltd
SDNS.OL :
* ADJUSTED EBITDA FOR Q1 2024 DECREASED TO $(11.3) MILLION
COMPARED TO $(3.0) MILLION FOR Q4 2023
* ADJUSTED REVENUES OF $27.7 MILLION IN Q1 2024 REMAINED
RELATIVELY UNCHANGED AS COMPARED TO $27.2 MILLION IN Q4 2023
* CONTRACT BACKLOG WAS $229.4 MILLION AT MARCH 31, 2024
ACROSS
FIVE CONTRACTED RIGS
* BELIEVE WE ARE WELL POSITIONED TO DELIVER ON OUR EBITDA
GUIDANCE
FOR SECOND HALF OF 2024
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