Awilco Drilling Plc : Sale of Wilphoenix Concluded
Thursday 9 June 2022
Awilco Drilling Plc announces that its fully owned subsidiary, Awilco Drilling Offshore (UK) Limited, has now concluded the previously announced sale of the drilling rig WilPhoenix. Concurrent with this transaction, the short-term shareholder loan with Awilhelmsen Offshore AS and QVT Family Office Fund LP has been redeemed.