First quarter highlights Q1 Financial highlights Operating revenue USD 83.1 million EBITDA of USD 38.3 million Net profit USD 2.2 million Earnings per share at break-even Other highlights Q1 fleet technical utilization - 83%…
Company Update 4
Company update Operational performance Q1 Fleet utilization 83% OPEX and utilization 250 000 Sevan Driller 95% 93% 95% 94% 92% 92% 90% Sevan Brasil 72% 200 000 83% 83% Sevan Louisiana 81% 64% (USD per day) 150 000 Average…
Company update Contract backlog * 2015 2016 2017 2018 Sevan Driller Petrobras, Brazil Q2 2016 (2010) Sevan Brasil Petrobras, Brazil Q2 2018 USD 1.0 billion (2012) backlog contract revenue on 3 rigs Sevan Louisiana LLOG, US…
Income Statement Three months Three months Income statement Unaudited figures in USD million ended 31/03/2015 ended 31/03/2014 Operating revenue 83.1 60.1 Three rigs under contract in 2015 Operating expense -40.8 -33.9 Cost reduction…
Balance sheet As at 31 March As at 31 December Unaudited figures in USD million 2015 2014 Balance sheet items ASSETS Drilling rigs 1,824.2 1,833.8 Other fixed assets 0.9 1.1 Other non-current assets 22.0 24.9 Assets Total…
Closing Remarks Annual general meeting held 15 May 2015 All proposals were approved by the shareholders Migration of parent company function expected at end of June Listing of Sevan Drilling Ltd on Oslo Brs approved 26 May Share…
Loading...
