Q2 2022 Awilco Drilling PLC Earnings Presentation Transcript

Aug 09, 2022 / 01:00PM GMT
Presentation
Aug 09, 2022 / 01:00PM GMT

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Corporate Participants
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* Anne-Marie Thomson
* Cathrine Haavind
Awilco Drilling PLC - IR Manager
* Eric D. Jacobs
Awilco Drilling PLC - Interim CEO

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Cathrine Haavind - Awilco Drilling PLC - IR Manager

Hello, everyone, and welcome to Awilco Drilling's Q2 2022 Presentation. I will now hand over to Eric Jacobs, our Interim CEO.

Eric D. Jacobs - Awilco Drilling PLC - Interim CEO

Thank you, Cathrine, and good afternoon to everyone. We'll just go through the Q2 presentation and following the same standard that we've had. See if can get up the slides here. Here we go. So the agenda is main events, then Q2 results, dispute update summary and then if there's any questions. So I think we can just move on. So main events, no revenue is earned in Q2, and we then had an EBITDA loss of $7.9 million and net loss of $5.1 million. The sale of the WilHunter for recycling was concluded in June. The

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