Q3 2021 Awilco Drilling PLC Earnings Presentation Transcript

Nov 16, 2021 / 10:00AM GMT
Presentation
Nov 16, 2021 / 10:00AM GMT

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Corporate Participants
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* Cathrine Haavind
Awilco Drilling PLC - IR Manager
* Eric D. Jacobs
Awilco Drilling PLC - Interim CEO
* Ian Wilson
Awilco Drilling PLC - CFO
* Roddy Smith
Awilco Drilling PLC - MD of UK & Chief Commercial Officer

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Eric D. Jacobs - Awilco Drilling PLC - Interim CEO

Good morning, everyone. I'm going to try to take you through this third quarter presentation. I think we're trying to get to the next slide there. There we go.

So we're going to talk just quickly through the main events, the third quarter results, our operational update, an update on our dispute with Keppel and a summary, and then we'll take questions.

So then to the main events. This quarter, well, we had a revenue of $7.4 million, an EBITDA loss of minus $3.1 million and a net loss of $4.6 million. The revenue efficiency was 97.4% during the quarter, and the total contract backlog at the

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