BDRLF News and Press, Borr Drilling Ltd From 04/09/19

Brent oil ( BNO ) quickly spurted to $71 per barrel as tensions in Libya intensified and the U.S. labeled Iran’s Revolutionary Guards as a terrorist group. The whole setup was favorable for everything oil-related to rally, but offshore drilling stocks had a disappointing day. At the...

There was an interesting discussion in the comments section of my recent articles on offshore drilling: Sete Brazil is trying to sell four rigs, and everyone is trying to guess who will be the winning bidder and how the transaction will influence the situation in Brazil - the ultra-important m...

Borr Drilling ( OTCPK:BDRLF ) has just provided a new fleet status report update and shared surprising news: the company has just bought another jack-up rig! The company has acquired Hakuryu-15, a KFELS Super B Bigfoot rig, for $122 million. The rig is now called Hull No. B378. It had an...

Oslo-listed offshore driller, Borr Drilling ( OTCPK:BDRLF ) purchases jack-up newbuilding, Hull No. B378 (formerly named Hakuryu-15), for $122M from BOT Lease; original ordering price of the rig was ~$240M. More news on: BORR DRILLING LTD, Merger & acquisition news, Read more ......

The first quarter was full of developments for the offshore drilling industry. Oil prices (both WTI ( USO ) and Brent ( BNO )) staged a major rebound after the awful performance in the fourth quarter of 2018. Ensco ( ESV ) finalized the merger with Rowan ( RDC ). Noble Corp. ( NE ) bought ...

In my previous article on Borr Drilling ( BDRLF ), I stated that the company was a buy due to attractive valuation, solid access to financing, improving market for modern jackups, and potential for new contracts. It did not take long for the new contracts to emerge. Borr Drilling has just ...

In this article, we will discuss the fundamentals of the jack-up segment of the offshore drilling market. The situation in this market is worth monitoring for investors and traders in drillers with jack-up presence: Ensco ( ESV ), Noble Corp. ( NE ), Rowan ( RDC ), Seadrill, Borr Drilling ( BD...

Prospector 5 Borr Drilling ( BDRLF ) has recently reported its Q4 results , fleet status report and held conference call . Let's look at how the emerging leader in the jack-up space is feeling in the current environment. Borr reported revenues of $53.5 million and a loss of $110.7 mi...

Borr Drilling Ltd (BDRLF) Q4 2018 Earnings Conference Call February 28, 2019 11:00 ET Company Participants Magnus Vaaler - Investor Relations Svend Anton Maier - Chief Executive Officer Rune Magnus Lundetrae - Chief Financial Officer and Deputy Chief Executive Officer Conferen...

Borr Drilling ( OTCPK:BDRLF ): Q4 GAAP EPS of -$0.21. Revenue of $53.5M vs. $0.1M in 4Q17. Press Release More news on: BORR DRILLING LTD, Earnings news and commentary,