Borr Drilling Limited reports new contracts in November 2019 fleet status report
Borr Drilling Limited (NYSE: BORR, OSE: BDRILL) (the “Company”) has issued an updated fleet status report, available on the Company’s website and attached to this release. The report includes news about five new contracts and extensions since the previous fleet status report in August 2019, comprising two newbuilds, one warm stacked rig and extensions of two active rigs. This is expected to add approximately 55 months and approximately USD 151 million of additional backlog revenue since the previous fleet status report in August 2019. In addition, the previously reported LOA for Prospector