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● Awilco Drilling PLC is a North Sea Drilling Contractor owning and operating two refurbished and enhanced UK compliant 3rd generation mid - water semi - submersible drilling rigs . The Company is listed at the Oslo Stock Exchange under the ticker code AWDR . ● Q1 Report - Highlights Awilco Drilling PLC reports contract revenue of USD 12.6 million ( USD 8.6 million Q4 ) , EBITDA of USD 3.7 million ( USD 2.6 million loss in Q4 ) and a net profit of USD 1.3 million , ( USD 152.9 million loss in Q4 ) . ● ● Key financial figures : W AWILCO DRILLING Revenue efficiency was 87.5 % during the quarter ( 54.1 % in Q4 ) Operational uptime was 95.9 % during the quarter ( 81.8 % in Q4 ) Contract backlog at the end of Q1 was approximately USD 8.0 million ( USD 15.0 million Q4 ) In USD million , except EPS USD million Contract revenue Operating expenses EBITDA FIRST QUARTER 2021 Net profit / ( loss ) EPS Total assets Total equity Q1 2021 12.6 5.2 3.7 1.3 0.02 91.3 84.4 Q4 2020 8.6 6.0 ( 6.4 ) ( 152.9 ) ( 2.80 ) 92.1 83.1 Q3 2020 10.6 5.9 1.7 ( 1.0 ) ( 0.02 ) 241.9 236.0 2020 25.6 21.5 ( 21.1 ) ( 167.9 ) ( 3.08 ) 92.1 83.1