Q3 2020 Awilco Drilling PLC Earnings Presentation Transcript

Nov 24, 2020 / 12:00PM GMT
Presentation
Nov 24, 2020 / 12:00PM GMT

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Corporate Participants
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* Cathrine Haavind
Awilco Drilling PLC - IR Manager
* Ian Wilson
Awilco Drilling PLC - CFO
* Jens Berge
Awilco Drilling PLC - CEO

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Jens Berge - Awilco Drilling PLC - CEO

Okay. Welcome, everyone, to Q3 2020 presentation for Awilco Drilling. Today, we would like to go through the following agenda: Q3 financials, our status in the U.K., status of newbuilds, and then we'll go to Q&A at the end.

With me, I have Ian Wilson, CFO. My name is Jens Berge. I'm the CEO. And we also have Cathrine Haavind assisting us with the Q towards the end.

So Ian, would you like to start with the Q3 financials first?

Ian Wilson - Awilco Drilling PLC - CFO

Okay. Thank you, Jens. Yes, Q3 income statement. Contract revenue for the quarter was $10.3 million. That's a combination of the fixed price work for Petrofac, plus pre-mode work for Serica in

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