Odfjell Drilling Ltd : reports for the third quarter of 2016
- Operating revenue of USD 167 million
- EBITDA of USD 89 million
- EBIT of USD 47 million
- Net profit of USD 21 million
Odfjell Drilling reports the following material events:
- Completion of the refinancing of Deepsea Atlantic and Deepsea Stavanger on 28 September 2016.
- Deepsea Stavanger completed the drilling contract with JX Nippon West of Shetland (UK) on 8 July 2016.
- Five of the platform drilling contracts in the Statoil portfolio expired on 1 October 2016.
Please see the attached report for the third quarter of 2016.
For further queries, please contact:
Eirik Knudsen, Vice President Corporate Finance & Investor Relations
+47 934 59 173 / firstname.lastname@example.org
23 November 2016
Odfjell Drilling Ltd.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.