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Noble Corporation 13135 Dairy Ashford , Suite 800 Sugar Land , Texas 77478 PRESS RELEASE NOBLE CORPORATION REPORTS SECOND QUARTER 2021 RESULTS NOBLE • Signed three new contracts for legacy Pacific Drilling rigs • On track to achieve Pacific Drilling synergy target three months early • Successful contract startups for three jackups and two floaters • Listed on New York Stock Exchange ( NYSE : NE ) SUGAR LAND , TEXAS , August 3 , 2021 - Noble Corporation ( NYSE : NE , “ Noble ” , or the “ Company ” ) today reported second quarter 2021 results . Successor Predecessor Three Months Ended Three Period from Feb 6 , 2021 Period from Months Jan 1 , 2021 - Ended ( stated in millions , except per share amounts ) Jun 30 , 2021 Total Revenue $ Mar 31 , 2021 Feb 5 , 2021 Jun 30 , 2020 219 $ 92 $ 77 $ 238 Contract Drilling Services Revenue 200 85 74 220 Net Income ( Loss ) 20 ( 18 ) 250 ( 42 ) Adjusted EBITDA * Adjusted Net Loss * 10 6 22 58 ( 22 ) ( 19 ) ( 1 ) ( 89 ) Diluted Earnings ( Loss ) Per Share Adjusted Diluted Loss Per Share * Contract Drilling Services Backlog 0.30 ( 0.36 ) 0.98 ( 0.17 ) ( 0.32 ) ( 0.37 ) ( 0.35 ) 1,518 1,543 NM 1,359 * A Non - GAAP supporting schedule is included with the statements and schedules attached to this press release and can be found at www.noblecorp.com . 1