Awilco Drilling
OverviewSuggest Edit
Awilco Drilling provides contract drilling services to oil and gas companies. It owns and operates two enhanced semisubmersible drilling rigs which are are suitable for operation in the North Sea.
| Type | Public | |
| Founded | 2010 | |
| HQ | Westhill, GB | Map |
| Website | awilcodrilling.com |
Key People/Management at Awilco Drilling
Jon Oliver Bryce
Chief Executive Officer.
Ian Wilson
Chief Financial Officer.
Roddy Smith
Chief Operating Officer.
Gary Holman
Operations Director.
Awilco Drilling Office Locations
Awilco Drilling has offices in Westhill, London and Singapore
Westhill, GB (HQ)
6, Kingshill Park, Venture Dr
London, GB
3rd Floor, 11-12 St James's Square, St. James's
Singapore, SG
8 Wilkie Rd, #03-08 Wilkie Edge
Awilco Drilling Financials and Metrics
Awilco Drilling Revenue
Awilco Drilling's revenue was reported to be £42.86 m in FY, 2018
| GBP | |
|---|---|
Revenue (FY, 2018) | 42.9m |
Gross profit (FY, 2018) | (7.2m) |
Gross profit margin (FY, 2018), % | (16.8%) |
Net income (FY, 2018) | (17.3m) |
EBITDA (FY, 2018) | (13.9m) |
EBIT (FY, 2018) | (13.9m) |
Market capitalization (15-Oct-2020) | 13.0m |
Closing stock price (15-Oct-2020) | 0.2 |
Cash (31-Dec-2018) | 48.4m |
Awilco Drilling's current market capitalization is €13 m.
| GBP | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 35.4m | 49.2m | 90.2m | 155.8m | 189.5m | 191.3m | 54.6m | 99.9m | 42.9m |
Revenue growth, % | 22% | (11%) | |||||||
Cost of goods sold | 9.8m | 37.3m | 44.4m | 49.7m | 55.4m | 82.3m | 39.5m | 67.3m | 50.1m |
Gross profit | 25.7m | 12.0m | 45.8m | 106.1m | 134.1m | 109.0m | 15.1m | 32.6m | (7.2m) |
| GBP | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 43.7m | 16.2m | 10.0m | 34.5m | 52.1m | 104.8m | 52.8m | 90.5m | 48.4m |
Accounts Receivable | 24.5k | 14.3m | 20.7m | 23.1m | 24.6m | 5.7m | 17.5m | 17.0m | 7.9m |
Inventories | 2.9m | 3.1m | 2.8m | 3.2m | 3.3m | 3.9m | 3.6m | 3.6m | 3.6m |
Current Assets | 47.4m | 34.2m | 39.1m | 92.4m | 140.1m | 169.8m | 91.5m | 115.0m | 61.4m |
| GBP | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 8.0m | (2.3m) | 23.3m | 80.6m | 94.4m | 86.0m | 1.7m | 21.4m | (17.3m) |
Cash From Operating Activities | 3.6m | (8.8m) | 22.0m | 103.8m | 111.3m | 136.0m | (11.7m) | 63.6m | 21.2m |
Dividends Paid | 61.3m | 93.8m | 58.1m | 14.7m | 18.2m | 11.8m | |||
Cash From Financing Activities | 75.7m | 25.3m | (23.8m) | (72.2m) | (78.7m) | (65.9m) | (22.2m) | (25.8m) | (28.0m) |
| GBP | FY, 2010 |
|---|---|
Financial Leverage | 2.3 x |
Awilco Drilling Cybersecurity Score
Awilco Drilling Online and Social Media Presence
Awilco Drilling's Trends
Awilco Drilling News and Updates
August 12, 2020
Awilco Drilling PLC: Q2 2020 Presentation
Please find attached the Q2 2020 presentation to be held in the digital meeting today, 12 August 2020, at 13:00 UK time (14:00pm CET / 08:00 EST).
August 12, 2020
Awilco Drilling PLC: Awilco Drilling Reports Q2 2020 Results
Awilco Drilling PLC reported contract revenue of USD 6.4 million (nil Q1), EBITDA USD 1.5 million loss (USD 7.4 million loss in Q1) and a net loss of USD 4.6 million (USD 9.4 million loss in Q1).
June 08, 2020
Awilco Drilling PLC: Nordic Winter - Termination of Vessel Construction Contract
Awilco Rig 1 Pte. Ltd. (“AR1”), a wholly owned subsidiary of Awilco Drilling PLC (“Awilco Drilling”), has notified Keppel FELS Limited (“KFELS”) that it has exercised its contractual termination right under a newbuilding contract between KFELS and AR1 for the construction of a semi-submersible drill…
June 03, 2020
Awilco Drilling PLC: Minutes From the Annual General Meeting 2020
The Annual General Meeting of Awilco Drilling PLC (Ticker: AWDR) was held Wednesday 3 June 2020 at 12:00 p.m. (UK time), at the Company’s offices, 2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen AB32 6FL, UK.
February 25, 2020
Awilco Drilling PLC: Awilco Drilling Reports Q4 2019 results
Awilco Drilling PLC reported contract revenue of USD 8.3 million (USD 10.3 million in Q3), EBITDA USD 0.5 million loss (USD 2.6 million in Q3) and net loss of USD 27.0 million after an impairment charge of USD 23 million (USD 0.9 million loss in Q3).
February 19, 2020
Awilco Drilling PLC: Invitation to Q4 2019 presentation
Awilco Drilling PLC: Invitation to Q4 2019 presentationAwilco Drilling PLC’s Fourth Quarter 2019 report will be released prior to market opening on Tuesday 25 February 2020. A quarterly presentation will be held on 25 February 2020 at 10:30 CET in Awilhelmsen's offices at Beddingen 8, Aker Brygge, O…
Awilco Drilling Blogs
May 12, 2020
Annual Report 2019 Oslo Stock Exchange:AWDR
Please find enclosed the Annual Report and Financial Statements 2019 for Awilco Drilling PLC. Aberdeen, 12 May 2020 For further information please contact: Jens Berge, CEOPhone: +44 1224 737900 Cathrine Haavind, IR ManagerPhone: +47 93 42 84 64Email: ch@awilcodrilling.com This information is subject…
May 12, 2020
Contract signed for WilPhoenix Oslo Stock Exchange:AWDR
With reference to our press release of 25 February 2020, Awilco Drilling PLC is pleased to confirm that a contract has been signed with Serica Energy (UK) Limited for the provision of WilPhoenix for a one well workover on the Rhum field. The contract has an estimated duration of 70 days including pr…
May 11, 2020
Invitation to Q1 2020 presentation Oslo Stock Exchange:AWDR
Awilco Drilling PLC’s First Quarter 2020 report will be released prior to market opening on Wednesday 13 May 2020. A digital presentation will be held on 13 May 2020 at 11:00 UK time (12:00pm CET / 06:00 EST). The presentation will be available for download on the Investor Relations section (go to “…
May 04, 2020
Operational Update for WilPhoenix Oslo Stock Exchange:AWDR
With reference to our press release of 9 March 2020, Awilco Drilling PLC and Petrofac Facilities Management Limited (Petrofac) have agreed to delay the commencement of the Plug & Abandonment program on Rubie and Renee until 25th May 2020 and that WilPhoenix will be on Standby Rate for the period…
March 09, 2020
Contract signed with Petrofac Oslo Stock Exchange:AWDR
With reference to our press release of 30 January 2020, Awilco Drilling PLC is pleased to confirm that a contract has been signed with Petrofac Facilities Management Limited (Petrofac) for the provision of WilPhoenix for a three well Plug & Abandonment program on Rubie and Renee. The program has…
February 25, 2020
Q4 2019 Presentation Oslo Stock Exchange:AWDR
Please find attached the Q4 2019 presentation held in Oslo today. Aberdeen, 25 February 2020 For further information please contact: Jens Berge, CEOPhone: +44 1224 737900 Cathrine Haavind, IR ManagerPhone: +47 93 42 84 64Email: ch@awilcodrilling.com This information is subject of the disclosure re…
Awilco Drilling Frequently Asked Questions
When was Awilco Drilling founded?
Awilco Drilling was founded in 2010.
Who are Awilco Drilling key executives?
Awilco Drilling's key executives are Jon Oliver Bryce, Ian Wilson and Roddy Smith.
How many employees does Awilco Drilling have?
Awilco Drilling has 144 employees.
What is Awilco Drilling revenue?
Latest Awilco Drilling annual revenue is £42.9 m.
What is Awilco Drilling revenue per employee?
Latest Awilco Drilling revenue per employee is £297.6 k.
Who are Awilco Drilling competitors?
Competitors of Awilco Drilling include Cimarex Energy, Helmerich & Payne and Petro Welt Technologies.
Where is Awilco Drilling headquarters?
Awilco Drilling headquarters is located at 6, Kingshill Park, Venture Dr, Westhill.
Where are Awilco Drilling offices?
Awilco Drilling has offices in Westhill, London and Singapore.
How many offices does Awilco Drilling have?
Awilco Drilling has 3 offices.
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