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News Breaks
August 5, 2014
16:26 EDTORIGOcean Rig UDW reports Q2 EPS 53c, consensus 40c
Reports Q2 revenue $441.4M, consensus $418.11M. The company said, "During the second quarter, and as previously announced, we signed final documentation with Total for the 6 year contract for the Ocean Rig Skyros securing employment for the drillship until the third quarter of 2021. In addition we signed a minimum 6 well program with Premier Oil for drilling offshore the Falkland Islands for the Eirik Raude. With the addition of this contract we are in a very comfortable position with 100% and 72% of our calendar days under contract in 2014 and 2015 respectively."
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