Awilco Drilling PLC

Awilco Drilling PLC: Awilco Drilling Reports Q3 2021 results

Awilco Drilling PLC reports contract revenue of USD 7.4 million (USD 12.0

million Q2), EBITDA loss of USD 3.1 million (USD 3.0 million in Q2) and a net

loss of USD 4.6 million, (USD 1.6 million in Q2).

Revenue efficiency was 97.4% during the quarter (96.7% in Q2).

Operational uptime was 99.9% during the quarter (94.2% in Q2).

Contract backlog at the end of Q3 was approximately USD 1.0 million (USD 7.1

million Q2).

Please see attached for the Q3 2021 report.

A digital presentation will be held on the same day, 16 November 2021, at 10:00

UK time (11:00pm CEST / 05:00 EDT). The presentation material will be available

for download on the Investor Relations section (go to "Press Releases") at

www.awilcodrilling.com (http://www.awilcodrilling.com) prior to the meeting.

There will be a Q&A session after the presentation.

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