NorAm Drilling AS

Report Publication Announcement • May 16, 2023

NorAm Drilling AS – Invitation to Q1 2023 results presentation

NorAm Drilling AS – Invitation to Q1 2023 results presentation

Oslo, Norway, May 16, 2023

NorAm Drilling AS plans to release its preliminary financial results for the first quarter of 2023 after market close on Tuesday, May 23, 2023.

In connection with the release, the Company invites potential and existing investors and analysts to a live presentation and Q&A on Wednesday, May 24, 2023, at 09:00 AM (EST) / 3:00 PM (CET).

Follow the link to attend the presentation: bit.ly/NorAmQ1Live

To add the presentation to your calendar: bit.ly/NorAmQ1LiveCalendarInvite

Relevant presentation material will on the same day be made available on the Investor Relations section of the Company's website at www.noramdrilling.com.

For further queries, please contact:

Marius Furuly, Director of IR and Strategy

Tel: +47 90626191

About NorAm Drilling

NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the largest oil producing region in North America. NorAm Drilling is debt free and has industry leading operating margins. The Company has a full pay-out dividend strategy, targeting frequent cash distributions in an improving market.

www.noramdrilling.com