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 | Prospect Road, 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 Prospect Road, London and Singapore
Prospect Road, GB (HQ)
Kingshill Park
London, GB
3rd Floor, 11-12 St James's Square, St. James's
Singapore, SG
8 Wilkie Rd, #01-22
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 (23-Feb-2021) | 21.7m |
Closing stock price (23-Feb-2021) | 0.3 |
Cash (31-Dec-2018) | 48.4m |
Awilco Drilling's current market capitalization is €21.7 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
February 10, 2021
Awilco Drilling PLC: Awilco Drilling Reports Q4 2020 Results
Awilco Drilling PLC reports contract revenue of USD 8.6 million (USD 10.6 million Q3), Adjusted EBITDA of USD 2.6 million loss (USD 1.7 million positive in Q3) and a net loss of USD 141.1 million, (USD 1.0 million loss in Q3). Net loss includes de-recognition of assets totaling USD 110.8 million and…
February 09, 2021
Awilco Drilling PLC: Invitation to Q4 2020 presentation
Awilco Drilling PLC’s Fourth Quarter 2020 report will be released prior to market opening on Wednesday 10 February 2021. A digital presentation will be held on 10 February 2021 at 11:00 UK time (12:00pm CET / 06:00 EST). The presentation will be available for download on the Investor Relations secti…
January 31, 2021
Awilco Drilling PLC: CEO resigns from Awilco Drilling
Awilco Drilling PLC announces that Jens Berge, Chief Executive Officer, has decided to leave the Company with effect from 1 February to pursue other opportunities. Eric Jacobs, General Counsel in the Awilhelmsen Group, will act as interim Chief Executive Officer until the Board of Directors appoints…
December 28, 2020
Awilco Drilling PLC: Nordic Spring - Termination of Vessel Construction Contract
Awilco Rig 2 Pte. Ltd. (“AR2”), 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 the newbuilding contract between KFELS and AR2 for the construction of a semi-submersible dri…
December 15, 2020
Awilco Drilling PLC: WilPhoenix downtime
The WilPhoenix incurred technical downtime on Monday 16th November whilst operating for Serica Energy (UK) Limited on the Rhum R3 Intervention Project. Repairs to the failed equipment have been completed but the rig remains on zero rate awaiting weather conditions to allow the work to continue. Oper…
December 04, 2020
Awilco Drilling PLC: Receipt of Notice of Termination of Construction Contract
Awilco Drilling PLC (the Company) announces that its wholly owned subsidiary Awilco Rig 2 Pte. Ltd. (AR2) has today received a notice from Keppel FELS purporting to terminate the Vessel Construction Contract of the semi-submersible drilling rig Nordic Spring (“Notice”). Keppel FELS has also served A…
Awilco Drilling Blogs
February 10, 2021
Q4 2020 Presentation Oslo Stock Exchange:AWDR
Please find attached the Q4 2020 presentation to be held in the digital meeting today, 10 February, at 13:00 UK time (14:00pm CET / 08:00 EST). To join the digital meeting, please click this link or copy and paste the following address into your browser: https://teams.microsoft.com/l/meetup-join/19%3ameeting_ZDU1M2ZkMzYtNjQwNi00NTU1LTg5OTctM2IzMjUxMmY3Y2Iy%40thread.v2/0?context=%7b%22Tid%22%3a%22c6903860-15d6-4675-a5fe-cf03764de020%22%2c%22Oid%22%3a%22b70a3a9b-a081-41f9-b2a4-3e57ef82979e%22%2c%22IsBroadcastMeeting%22%3atrue%7d…
February 10, 2021
Awilco Drilling Reports Q4 2020 Results Oslo Stock Exchange:AWDR
Awilco Drilling PLC reports contract revenue of USD 8.6 million (USD 10.6 million Q3), Adjusted EBITDA of USD 2.6 million loss (USD 1.7 million positive in Q3) and a net loss of USD 141.1 million, (USD 1.0 million loss in Q3). Net loss includes de-recognition of assets totaling USD 110.8 million and…
February 09, 2021
Awilco Drilling PLC: Corrrection (new time)
Awilco Drilling PLC’s Fourth Quarter 2020 report will be released prior to market opening on Wednesday 10 February 2021. A digital presentation will be held on 10 February 2021 at 13:00 UK time (14:00pm CET / 08:00 EST). The presentation will be available for download on the Investor Relations secti…
February 09, 2021
Invitation to Q4 2020 presentation Oslo Stock Exchange:AWDR
Awilco Drilling PLC’s Fourth Quarter 2020 report will be released prior to market opening on Wednesday 10 February 2021. A digital presentation will be held on 10 February 2021 at 11:00 UK time (12:00pm CET / 06:00 EST). The presentation will be available for download on the Investor Relations secti…
January 31, 2021
CEO resigns from Awilco Drilling Oslo Stock Exchange:AWDR
Awilco Drilling PLC announces that Jens Berge, Chief Executive Officer, has decided to leave the Company with effect from 1 February to pursue other opportunities. Eric Jacobs, General Counsel in the Awilhelmsen Group, will act as interim Chief Executive Officer until the Board of Directors appoints…
December 28, 2020
Awilco Drilling PLC: Nordic Spring
Awilco Rig 2 Pte. Ltd. (“AR2”), 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 the newbuilding contract between KFELS and AR2 for the construction of a semi-submersible dri…
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 Kingshill Park, Prospect Road.
Where are Awilco Drilling offices?
Awilco Drilling has offices in Prospect Road, London and Singapore.
How many offices does Awilco Drilling have?
Awilco Drilling has 3 offices.
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