Source: Awilco
Investment Thesis
Awilco Drilling Ltd. (AWLCF) was incorporated in December 2009 when the company acquired from Transocean (RIG) two semi-submersible drilling rigs, WilPhoenix (previously Arctic II Transocean) and WilHunter (previously Arctic IV Transocean).
The company is registered in England and Wales with its operations based in Aberdeen, Scotland. It recorded again as a public company on April 14, 2011, under the name Awilco Drilling plc.
The Awilhelmsen Group is the most significant shareholder controlling 36.55% of the shares (down from 43.28% the same quarter last year). Awilco Drilling Plc.