Awilco Drilling PLC

Awilco Drilling PLC: Awilco Drilling Reports Q1 2021 Results

Awilco Drilling PLC reports contract revenue of USD 12.6 million (USD 8.6

million Q4 2020), EBITDA of USD 3.7 million (USD 2.6 million loss in Q4 2020)

and a net profit of USD 1.3 million, (USD 152.9 million loss in Q4 2020).

Revenue efficiency was 87.5% during the quarter (54.1% in Q4 2020).

Operational uptime was 95.9% during the quarter (81.8% in Q4 2020).

Contract backlog at the end of Q1 was approximately USD 8.0 million (USD 15.0

million Q4 2020).

Please see attached for the Q1 2021 report.

A digital presentation will be held today, 12 May 2021 at 11:00 UK time (12:00pm

CEST / 06:00 EDT). The presentation 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.

To join the digital meeting, please click this link

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