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Odfjell Drilling Ltd : ODL - Q2 2017 Report

30.08.2017

Odfjell Drilling Ltd. reports for the second quarter of 2017

-  Operating revenue of USD 165 million
-  EBITDA of USD 72 million
-  EBIT of USD 31 million
-  Net profit of USD 11 million

Odfjell Drilling reports the following highlights in/after Q2 2017:

-  Deepsea Stavanger awarded contracts with Aker BP in Norway and Total in South Africa
-  Deepsea Bergen secured drilling program potentially into second half 2019
-  Secured extension of the Deepsea Bergen facility
-  Platform Drilling secured work for TAQA
-  Well Services awarded contract with ConocoPhillips in Norway
   
Please see the attached report for the second quarter of 2017.

For further queries, please contact:

Investor Relations:
Eirik Knudsen, Vice President Corporate Finance & Investor Relations
+47 934 59 173 / eikn@odfjelldrilling.com

Hamilton, Bermuda
30 August 2017
Odfjell Drilling Ltd.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


 

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