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Awilco Drilling PLC Earnings Release 2023

Aug 30, 2023

3547_rns_2023-08-30_dd027ea9-a1b9-48ef-a1fc-cf557bdd7809.html

Earnings Release

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Awilco Drilling PLC: Awilco Drilling Reports Half-Year 2023 Results

Awilco Drilling PLC: Awilco Drilling Reports Half-Year 2023 Results

Awilco Drilling PLC reports no contract revenue in the first half 2023, EBITDA

loss of USD 11.2 million and a net loss of USD 11.1 million.

Please see attached for the Half-Year 2023 report.

A digital presentation will be held tomorrow, Thursday 31 August 2023, at 13:00

UK time (14:00 CEST / 08:00 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

(https://teams.microsoft.com/l/meetup-

join/19%3ameeting_MmNkMmVmMTktNTVlNC00NTk0LTljOGMtODVkNzJmZTgxMWRl%40thread.v2/0

?context=%7B%22Tid%22%3A%2213406330-ee57-43ad-9fa7-

ea6e572899d4%22%2C%22Oid%22%3A%22458b2508-72ce-45ca-8967-

b3180623e08e%22%2C%22IsBroadcastMeeting%22%3Atrue%2C%22role%22%3A%22a%22%7D&btyp

e=a&role=a) or copy and paste the following address into your browser:

https://teams.microsoft.com/l/meetup-

join/19%3ameeting_MmNkMmVmMTktNTVlNC00NTk0LTljOGMtODVkNzJmZTgxMWRl%40thread.v2/0

?context=%7B%22Tid%22%3A%2213406330-ee57-43ad-9fa7-

ea6e572899d4%22%2C%22Oid%22%3A%22458b2508-72ce-45ca-8967-

b3180623e08e%22%2C%22IsBroadcastMeeting%22%3Atrue%2C%22role%22%3A%22a%22%7D&btyp

e=a&role=a

A replay of the presentation will be made available on the Company website after

the event.

Aberdeen, 30 August 2023

For further information please contact:

Eric Jacobs, Interim CEO

Phone: +44 1224 737900

Cathrine Haavind, Investor Relations

Phone: +47 93 42 84 64

Email: [email protected] (mailto:[email protected])

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.