When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Awilco (AWLCF) has just reported its first-quarter results. Previously, I was optimistic about Awilco's future but the coronavirus pandemic has completely changed the offshore drilling landscape. Let's start with the contract changes and then proceed to the outlook for the company.
Current contract with Petrofrac, which was scheduled to begin on May 1, was delayed until May 25. Semi-sub WilPhoenix will be on the standby rate for the period of delay.
Awilco has signed a new contract with Serica Energy (SQZZY) in the UK for one well workover that should take 70 days