Archer Limited : Third Quarter 2017 Trading Update
Hamilton, Bermuda (October 31, 2017) Third quarter highlights 2017 · Revenue $212.3 million · EBITDA of $17.8 million before exceptional items · Contract awards and renewals during Q3 17 improved order backlog by roughly $100 million · P&A contract for Platform Drilling for Repsol Norway · Renewed contract for Platform Drilling for Chevron UK · Oiltools and Wireline won frame agreement with Repsol Norway to deliver P&A and related services · Slight setback in US Onshore due to Hurricane Harvey, but overall trend remains positive · First two