Borr Drilling Ltd. advises that the 2021 Annual General Meeting of the Company was held on June 24, 2021 at 09:30 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2020 were presented to the Meeting. The following resolutions were passed: To re-elect Paal Kibsgaard as a Director of the [...]
Borr Drilling Ltd. and has five rigs working for joint ventures which are jointly owned with our Mexican partner providing integrated well services for Pemex. The services commenced in May 2019 and have provided Pemex with an incremental production of approximately 125,000 barrels of oil per day from 21 wells drilled so far. In our most recent meeting with Pemex management we have received a very favourable review of the [...]
The Annual General Meeting of Shareholders of Borr Drilling Ltd. will be held on June 24, 2021 in Bermuda. A copy of the Notice of Annual General Meeting and Form of Proxy will be distributed to shareholders by normal distribution methods and is attached to this release. Associated information including the Company's Annual Report can be found on the Company's website www.borrdrilling.com. Hamilton, Bermuda May 20, 2021 [...]
Borr Drilling Ltd. advises that the 2021 Annual General Meeting will be held on June 24, 2021. The record date for voting at the Annual General Meeting is set to May 10, 2021. The notice, agenda and associated material will be distributed prior to the meeting. Hamilton, Bermuda May 6, 2021 This information was brought to you by Cision http://news.cision.com [...]
Borr Drilling Ltd. today files its Annual Report on Form 20-F for the Year Ended December 31, 2020 . Simultaneously, the Company also releases its 2020 Sustainability Report and Corporate Governance Report. The reports are attached to this release. Between the release of its unaudited financial statements on February 26, 2021 and the filing of the 2020 Annual Report, the Company has recorded a reduction of $12.4 million [...]
Borr Drilling Ltd. is pleased to announce that it has entered into agreements potentially adding a total of USD 48 million over approximately 590 days to the backlog. For the rig "Natt" we have received a letter of intent with an undisclosed new operator in Nigeria to commence operations in April 2021 for an estimated duration of 150 days, in direct continuation of its previous contract. The previously announced LOI for [...]
Please find enclosed the presentation of Borr Drilling Ltd.'s fourth quarter 2020 results to be held on the webcast / conference call at 15:00 CET on February 26, 2021. In order to listen to the presentation, you may do one of the following: a) Webcast Please use the following link: www.incommuk.com/customers/online with access code: 317683 b) Conference Call Dial in details, Participants: Conference ID: 317683 Norway [...]
Borr Drilling Ltd. announces unaudited results for the three and twelve months ended December 31, 2020. Highlights in the Fourth Quarter of 2020 Total operating revenues of $60.2 million, net loss of $46.7 million and Adjusted EBITDA of $6.6 million for the fourth quarter of 2020. On October 5, 2020, equity offering raised total proceeds of $27.5 million. A subsequent offering closed on November 30, 2020, raising an [...]
Borr Drilling Ltd. , refers to its announcement on September 7, 2020 regarding the written notice received from the New York Stock Exchange that the Company was not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE because the average closing price of its common shares had fallen below $1.00 per share over a period of 30 consecutive trading days [...]
Borr Drilling Ltd. will release its financial results for the fourth quarter 2020 on Friday, February 26, 2021. A conference call and webcast will be held at 15:00 CET . The earnings report and presentation will be available from the Investor Relations section on www.borrdrilling.com. In order to listen to the presentation, you may do one of the following: a) Webcast Please use the following link [...]
Reference is made to Borr Drilling Ltd.'s stock exchange release on 21 January 2021, and the contemplated equity offering of USD 40 million in new depository receipts. Borr Drilling is pleased to announce that the board of directors of the Company has, due to very high demand, increased the size of the offering to USD 46 million, and approved the subscription and allocation of a total of 54,117,647 in new depository [...]
Reference is made to Borr Drilling Ltd.'s stock exchange announcements of January 22, 2021, relating to the pricing of the equity offering through the subscription and allocation of a total of 54,117,647 in new depository receipts , representing the beneficial interests in the same number of the Company's underlying common shares, each at a subscription price of USD 0.85 per Offer Share , raising gross proceeds of USD 46 [...]
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