Borr Drilling Limited Common Shares (N:BORR)
Business Focus: N/A
Apr 09, 2024 01:40 am ET
Borr Drilling Limited - Contracting Update
HAMILTON, Bermuda, April 9, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce new contract commitments for three of its premium jack-up rigs, the "Prospector 1", the "Gunnlod", and a rig to be determined. The commitments total 820 days and $158.6 million in contract revenue, inclusive of mobilization and demobilization compensation.
Apr 04, 2024 09:23 am ET
Borr Drilling Limited - Contracting update
HAMILTON, Bermuda, April 4, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) has today received a notice of temporary suspension of operations for its rig "Arabia I", operating in Saudi Arabia. The temporary suspension will be for a period of up to 12 months, and is expected to commence in the second quarter. The Company intends to seek alternative engagement for the rig while on suspension.
Feb 22, 2024 12:01 am ET
Borr Drilling Limited Announces Fourth Quarter and Twelve Months 2023 Results
HAMILTON, Bermuda, Feb. 22, 2024 /PRNewswire/ --Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three and twelve months ended December 31, 2023.
Feb 19, 2024 08:47 pm ET
Borr Drilling Limited - Invitation to webcast and conference call Q4 2023 results
HAMILTON, Bermuda, Feb. 19, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) plans to release its financial results for the fourth quarter 2023 on Thursday, February 22, 2024.
Feb 12, 2024 01:15 am ET
Borr Drilling Limited - Contracting Update
HAMILTON, Bermuda, Feb. 12, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce new contract commitments totaling 495 days and $82.2 million in contract revenue for three of its premium jack-up rigs, excluding mobilization and demobilization compensation.
Dec 22, 2023 08:51 am ET
Borr Drilling Limited -Dividend declaration and key information relating to the cash distribution for the third quarter 2023
HAMILTON, Bermuda, Dec. 22, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) today announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.05 per share for the third quarter of 2023.
Dec 22, 2023 08:32 am ET
Borr Drilling Limited - Special General Meeting Results Notification
HAMILTON, Bermuda, Dec. 22, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE : BORR) and (OSE: BORR) advises that a Special General Meeting of the Company was held on December 22, 2023 at 10:00 local time, at the Registered Office of the Company, 2nd Floor, S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda.
Dec 01, 2023 10:41 am ET
Borr Drilling Limited - Notice of Special General Meeting of Shareholders
HAMILTON, Bermuda, Dec. 1, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) advises that the Company will hold a Special General Meeting on December 22, 2023 to approve a reduction of the Company's Share Premium account (referred to as additional paid-in capital in the financial statements of the Company) and to credit the same amount resulting from this reduction to the Company's Contributed Surplus account, which will enable dividend payments to shareholders.
Nov 17, 2023 10:54 am ET
Borr Drilling Limited - Grant of Restricted Stock Units and Share Options
HAMILTON, Bermuda, Nov. 17, 2023 /PRNewswire/ -- The Board of Directors of Borr Drilling Limited (the "Company") (OSE and NYSE "BORR") has today resolved to grant 112,780 Restricted Stock Units (each, a "RSU") to its Directors, and 2,100,000 share options (each, an "Option") under the Company's approved share option scheme to certain of its employees.
Nov 17, 2023 09:19 am ET
Borr Drilling Limited - Notice of Special General Meeting of Shareholders
HAMILTON, Bermuda, Nov. 17, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) advises that the Company will hold a Special General Meeting on Friday, December 22nd, 2023 to approve a reduction of the Company's Share Premium account (referred to as additional paid in capital in the financial statements of the Company) and to credit the same amount resulting from this reduction to the Company's Contributed Surplus account, which will enable dividend payments to shareholders.
Nov 16, 2023 12:44 am ET
Borr Drilling Limited Announces Third Quarter and Nine Months 2023 Results
HAMILTON, Bermuda, Nov. 16, 2023 /PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three and nine months ended September 30, 2023.
Nov 07, 2023 09:19 am ET
Borr Drilling Limited - Invitation to webcast and conference call Q3 2023 results
HAMILTON, Bermuda, Nov. 7, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE : BORR) and (OSE: BORR) plans to release its financial results for the third quarter 2023 on Thursday, November 16, 2023.
Oct 27, 2023 05:00 am ET
Borr Drilling Limited - PDMR notification
HAMILTON, Bermuda, Oct. 27, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) (the «Company») refers to the private placement of 7,522,838 new shares (the «New Shares») at a subscription price of NOK 74/USD 6.65 (the «Subscription Price») announced on 24 October 2023 (the «Private Placement»).
Oct 26, 2023 11:01 am ET
Borr Drilling Limited - capital increase in the Registry of Members
HAMILTON, Bermuda, Oct. 26, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) refers to the stock exchange releases on 23rd and 24th October 2023 related to the private placement with gross proceeds of USD 50 million (the "Private Placement").
Oct 24, 2023 10:50 pm ET
Borr Drilling Limited Announces Pricing of Senior Secured Notes
HAMILTON, Bermuda, Oct. 24, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) announced today that its wholly-owned subsidiary Borr IHC Limited has priced its previously announced offering of $1,540,000,000 in aggregate principal amount of senior secured notes, consisting of $1,025,000,000 aggregate principal amount of senior secured notes due 2028 at a price equal to 97.750%, bearing a coupon of 10.000% per annum and $515,000,000 aggregate principal amount of senior secured notes due 2030 at a price equal to 97.000%, bearing a coupon of 10.375% per annum.
Oct 23, 2023 06:19 pm ET
Borr Drilling Limited - Contemplated Private Placement of USD 50 million
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, HONG KONG, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO BUY, SELL OR SUBSCRIBE FOR ANY SECURITIES DESCRIBED HEREIN.
Oct 23, 2023 02:19 pm ET
Borr Drilling Limited Announces Launch of Senior Secured Notes Offering
HAMILTON, Bermuda, Oct. 23, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE:BORR) and (OSE:BORR) announced today that its wholly owned subsidiary Borr IHC Limited, and certain other subsidiaries intend to offer, subject to market conditions, $1,500,000,000 in aggregate principal amount of senior secured notes due 2028 and 2030. The notes will be guaranteed by the Company and certain of its subsidiaries and will be secured on a senior basis on substantially all of the assets of the Company and certain subsidiary guarantors.
Oct 17, 2023 01:56 am ET
Borr Drilling Limited - Appointment of Directors to the Board
HAMILTON, Bermuda, Oct. 17, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (OSE: BORR) and (NYSE: BORR) today announced that Mr. Jeffery Currie and Mr. Patrick Schorn have been appointed as Directors of the Company by the Board with effect from 16 October 2023.
Oct 04, 2023 08:36 am ET
Borr Drilling Limited - Contracting Update and Investor Presentation
HAMILTON, Bermuda, Oct. 4, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") has today published an investor presentation enclosed to this release and on its website www.borrdrilling.com, in addition to providing the following contracting updates.
Jul 31, 2023 06:36 pm ET
Borr Drilling Limited - Announcement of Letters of Award
HAMILTON, Bermuda, July 31, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") is pleased to announce it has secured two letters of awards ("LOA") for its premium jack-up drilling rigs "Gerd" and "Thor". These awards increase the Company's firm backlog by approximately 421 days, excluding optional periods.
Jun 29, 2023 01:08 am ET
Borr Drilling Limited - 2023 Annual General Meeting date
HAMILTON, Bermuda, June 29, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) advises that the 2023 Annual General Meeting will be held on August 31, 2023. The record date for voting at the Annual General Meeting is set to June 30, 2023. The notice, agenda and associated material will be distributed prior to the meeting.
Jun 23, 2023 02:28 am ET
Borr Drilling Limited - Announcement of contract extension
HAMILTON, Bermuda, June 23, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) is pleased to announce it has secured a contract extension for its premium jack-up drilling rig 'Mist' from Valeura Energy in Thailand. The contract extension covers a firm term of 9 months starting in direct continuation to the current contract and will maintain the rig contracted through August 2024. The estimated total contract value of this extension is $41 million, excluding unpriced options.
May 19, 2023 05:24 am ET
Borr Drilling Limited - Invitation to webcast and conference call Q1 2023 results
HAMILTON, Bermuda, May 19, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) plans to release its financial results for the first quarter 2023 on Tuesday, May 23rd, 2023.
Apr 25, 2023 05:16 pm ET
Borr Drilling Limited - Appointment of Director
HAMILTON, Bermuda, April 25, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (OSE: BORR) (NYSE: BORR) today announced that Mr Daniel Rabun has been appointed as a Director of the Company by the Board to fill an existing vacancy with effect from 25th April 2023.
Apr 10, 2023 03:55 am ET
Borr Drilling Limited - Announcement of new contract
HAMILTON, Bermuda, April 10, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce that its premium jack-up rig "Hild" has been awarded a contract from an undisclosed customer for work in Latin America. The contract duration covers a firm term of 725 days and is expected to commence in Q3 2023, following the conclusion of the rig's ongoing activation. The estimated contract value is US$123 million, including mobilization and demobilization fees.
Feb 24, 2023 04:49 am ET
Borr Drilling Limited - Increase in share capital
HAMILTON, Bermuda, Feb. 24, 2023 /PRNewswire/ -- Reference is made to Borr Drilling Limited's (the "Company") (NYSE: BORR) (OSE: BORR) stock exchange releases related to the completion of the Special General Meeting on 23 February 2023 and the Convertible Bond offering launched on 24 January 2023. Following the successful placement of the $250 million Convertible Bonds, the Company entered into a share lending agreement ("SLA") with the intention to make up to 25 million shares available for the purposes of facilitating investors' hedging activities, of which 15 million shares have already b
Feb 23, 2023 10:03 am ET
Borr Drilling Limited - SGM Results Notification
HAMILTON, Bermuda, Feb. 23, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") advises that a Special General Meeting of the Company was held on February 23, 2023 at 09:00 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda.
Feb 03, 2023 05:08 am ET
Borr Drilling Limited - Notice of Special General Meeting of Shareholders
HAMILTON, Bermuda, Feb. 3, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) advises that the Company will hold a Special General Meeting on February 23, 2023 to approve an increase in the Company's authorized share capital required in connection with the successful placement of USD 250 million senior unsecured convertible bonds announced 25 January 2023. The Board of Directors has fixed the close of business on February 6, 2023 as the record date for determination of the shareholders entitled to attend and vote at the Special General Meeting or any adjournm
Jan 24, 2023 09:02 pm ET
Borr Drilling Limited - Updated 2022 and 2023 guidance
HAMILTON, Bermuda, Jan. 25, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce updates to its preliminary Revenue and EBITDA guidance for 2022 and 2023.
Dec 30, 2022 02:18 am ET
Borr Drilling Limited - Announcement of New Contracts and Fleet Status Report
HAMILTON, Bermuda, Dec. 30, 2022 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce it has been awarded new contracts for two of its premium jack-up drilling rigs. These awards increase the Company's backlog by approximately 2,030 days, excluding optional periods.
Oct 24, 2022 08:31 am ET
Thinking about buying stock in Myovant Sciences, Sellas Life Sciences, Borr Drilling, Mullen Automotive, or Immunic?
NEW YORK, Oct. 24, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MYOV, SLS, BORR, MULN, and IMUX.
Aug 25, 2022 04:58 pm ET
Borr Drilling Limited - 2022 Annual General Meeting
HAMILTON, Bermuda, Aug. 25, 2022 /PRNewswire/ -- Borr Drilling Limited (NYSE and OSE: BORR) advises that its 2022 Annual General Meeting will be held on September 30, 2022. The record date for voting at the Annual General Meeting is set to September 6, 2022. The notice, agenda and associated material will be distributed prior to the meeting.
Aug 25, 2022 10:25 am ET
Borr Drilling Limited - SGM Results Notification and Conditions for Second Settlement of Equity Offering Met
OSLO, Norway, Aug. 25, 2022 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") advises that a Special General Meeting of the Company was held on August 25, 2022 at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda
Aug 10, 2022 02:53 pm ET
Borr Drilling Limited - Invitation to conference call
OSLO, Norway, Aug. 10, 2022 /PRNewswire/ -- Borr Drilling Limited (NYSE and OSE: BORR) plans to host a conference call and webcast on Friday August 12, 2022 at 15:00 CET (9:00 AM New York Time) to provide further details on its transformational capital structure realignment enabled by a $250 million equity offering and secured debt maturity deferrals.
Aug 09, 2022 05:34 pm ET
Borr Drilling - NYSE public offering
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Aug 04, 2022 04:52 pm ET
Borr Drilling Limited - Announcement of LOI for jack-up drilling rig
HAMILTON, Bermuda, Aug. 4, 2022 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) is pleased to announce it has received a binding Letter of Intent ("LOI") for the premium jack-up drilling rig "Prospector 5" from an undisclosed operator in West Africa. The 6-well firm program is expected to commence during Q4 2022 and has an estimated duration of fourteen months plus options. This LOI, which is expected to be converted into a contract shortly, has an estimated total contract value of $68.9 million (excluding options).
Jul 21, 2022 11:46 am ET
Borr Drilling Limited - Update Refinancing
HAMILTON, Bermuda, July 21, 2022 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) refers to its announcements of 14 July 2022 regarding the status of negotiations with its secured creditors and a possible equity offering.
Jun 02, 2022 10:35 am ET
Thinking about buying stock in Borr Drilling, FuelCell Energy, Vaxxinity, Marathon Oil, or View?
NEW YORK, June 2, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BORR, FCEL, VAXX, MRO, and VIEW.
Jun 01, 2022 09:31 am ET
Thinking about buying stock in Pulse Biosciences, Elevation Oncology, Borr Drilling, Sonoma Pharmaceuticals, or Shoals Technologies?
NEW YORK, June 1, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PLSE, ELEV, BORR, SNOA, and SHLS.
May 13, 2022 10:55 am ET
Thinking about buying stock in Borr Drilling, Desktop Metal, Veru, Unity Software, or Redbox Entertainment?
NEW YORK, May 13, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BORR, DM, VERU, U, and RDBX.
May 03, 2022 09:31 am ET
Thinking about buying stock in Graphite Bio, Kala Pharmaceuticals, ATAI Life Sciences, Talos Energy, or Borr Drilling?
NEW YORK, May 3, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GRPH, KALA, ATAI, TALO, and BORR.
Apr 11, 2022 11:00 am ET
Borr Drilling Limited files its 2021 Annual Report on Form 20-F
HAMILTON, Bermuda, April 11, 2022 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: BORR) today files its Annual Report on Form 20-F for the Year Ended December 31, 2021 (the "2021 Annual Report"). The report is attached to this release.
Mar 04, 2022 08:31 am ET
Thinking about buying stock in Humanigen, Marrone Bio Innovations, Grid Dynamics, Borr Drilling, or Root?
NEW YORK, March 4, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for HGEN, MBII, GDYN, BORR, and ROOT.
Mar 02, 2022 02:22 am ET
Borr Drilling Limited - Changes to the Board of Directors
OSLO, Norway, March 2, 2022 /PRNewswire/ -- Borr Drilling Limited (the "Company") (OSE: BORR) (NYSE: BORR) today announced the retirement of Ms Georgina Sousa as a Director and Company Secretary.
Feb 10, 2022 04:46 am ET
Borr Drilling Limited - Invitation to webcast and conference call Q4 2021 results
OSLO, Norway, Feb. 10, 2022 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and OSE: BORR) plans to release its financial results for the fourth quarter 2021 on Wednesday, 16 February, 2022.
Jan 28, 2022 08:28 am ET
Borr Drilling Limited - Conditions for equity raise completed
HAMILTON, Bermuda, Jan. 28, 2022 /PRNewswire/ -- Reference is made to Borr Drilling Limited's (the "Company") (NYSE and OSE: "BORR") announcement 28 December 2021 relating to the subscription and allocation of a total of 13,333,333 new depository receipts (the "Offer Shares"), at a price of $2.25, raising gross proceeds of $30 million (the "Equity Offering") related to refinancing and deferring a combined $1.4 billion debt maturities and delivery instalments from 2023 to 2025 with its shipyards.
Jan 26, 2022 07:43 am ET
Borr Drilling Limited - Receives creditor consent for extension of yard debt maturities and deliveries
HAMILTON, Bermuda, Jan. 26, 2022 /PRNewswire/ -- Reference is made to Borr Drilling Limited's (the "Company") (NYSE and OSE: "BORR") announcement 28 December 2021 relating to the subscription and allocation of a total of 13,333,333 new depository receipts (the "Offer Shares"), raising gross proceeds of USD 30 million (the "Equity Offering").
Dec 27, 2021 04:41 am ET
Borr Drilling Limited announces agreement to defer $1.4 billion of debt maturities and yard instalments to 2025
OSLO, Norway, Dec. 27, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: BORR) is pleased to announce that it has reached agreements in principle with its largest creditors, the Singaporean yards, to refinance and defer a combined $1.4 billion debt maturities and delivery instalments from 2023 to 2025. This is a major step forward in the Company's previously announced target to address its debt maturities and commitments currently due in 2023.
Nov 05, 2021 08:51 am ET
Borr Drilling Limited - Q3 2021 Presentation
OSLO, Norway, Nov. 5, 2021 /PRNewswire/ --
Jul 07, 2021 01:46 am ET
Borr Drilling Limited - Investor Presentation and webcast/conference call
OSLO, Norway, July 7, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) has today released an investor presentation enclosed to this release and on the Company's website www.borrdrilling.com
Jul 06, 2021 06:03 pm ET
Borr Drilling Limited - Announces At-The-Market Offering of up to $40 Million
HAMILTON, Bermuda, July 6, 2021 /PRNewswire/ --Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) announces today that it has established an "at-the-market program" and entered into an Equity Distribution Agreement with Clarksons Platou Securities, Inc., as our sales agent, dated July 6, 2021 under which we may offer and sell from time to time up to $40 million of our common shares to be listed on the New York Stock Exchange.
Jun 29, 2021 10:46 pm ET
Borr Drilling Limited - Notice from NYSE regarding Continued Listing Standard
OSLO, Norway, June 30, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company" or "Borr") (NYSE: BORR), (OSE: BDRILL) announces that the Company has received written notice from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE because the average closing price of its common shares had fallen below $1.00 per share over a period of 30 consecutive trading days.
Jun 24, 2021 04:37 pm ET
Borr Drilling Limited - 2021 AGM Results Notification
HAMILTON, Bermuda, June 24, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR) advises that the 2021 Annual General Meeting of the Company was held on June 24, 2021 at 09:30 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2020 were presented to the Meeting.
Jun 15, 2021 04:56 am ET
Borr Drilling Limited - Entering MoU to streamline Mexico operations and improve liquidity
OSLO, Norway, June 15, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company", "Borr Drilling") (NYSE: BORR) and (OSE: BORR) has five rigs working for joint ventures which are jointly owned with our Mexican partner providing integrated well services for Pemex. The services commenced in May 2019 and have provided Pemex with an incremental production of approximately 125,000 barrels of oil per day from 21 wells drilled so far. In our most recent meeting with Pemex management we have received a very favourable review of the performance and the cost efficiency of this operation. The integrate
Feb 25, 2021 06:39 pm ET
Borr Drilling Limited Regains Compliance with NYSE Continued Listing Standard
OSLO, Norway, Feb. 25, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: BORR), refers to its announcement on September 7, 2020 regarding the written notice received from the New York Stock Exchange (the "NYSE") that the Company was not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE (the "Continued Listing Standard") because the average closing price of its common shares had fallen below $1.00 per share over a period of 30 consecutive trading days.
Feb 25, 2021 02:11 pm ET
Borr Drilling Limited - Invitation to webcast and conference call Q4 2020 results
OSLO, Norway, Feb. 25, 2021 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) will release its financial results for the fourth quarter 2020 on Friday, February 26, 2021.
Jan 22, 2021 02:17 am ET
Borr Drilling Limited - Pricing and Increased Size of Equity Offering
HAMILTON, Bermuda, Jan. 22, 2021 /PRNewswire/ -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO BUY, SELL OR SUBSCRIBE FOR ANY SECURITIES DESCRIBED HEREIN.
Jan 21, 2021 03:32 pm ET
Borr Drilling Limited - Contemplated Equity Offering of USD 40 million
HAMILTON, Bermuda, Jan. 21, 2021 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) announces that in connection with Company's previously announced liquidity improvement plan, the Company intends to offer up to USD 40 million in new depository receipts (the "Offer Shares"), representing the beneficial interests in the same number of the Company's underlying common shares, each with a par value of USD 0.05 (the "Equity Offering"). The subscription price will be set through an accelerated bookbuilding process.
Jan 13, 2021 02:06 am ET
Borr Drilling Limited - Update
HAMILTON, Bermuda, Jan. 13, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) refers to an article initially published in the Norwegian newspaper "Dagens Næringsliv" today, which refers to a potential alternative plan discussed by two creditors.
Jan 11, 2021 12:42 am ET
Borr Drilling Limited - Fleet status report
OSLO, Norway, Jan. 11, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") is pleased to announce in its fleet status report today that it has entered into a new contract, an extension and received an LOA, adding USD 35.1 million over approximately 480 days to the total backlog, with good prospects for additional backlog on these units.
Jan 11, 2021 12:17 am ET
Borr Drilling Limited - SGM Results Notification
HAMILTON, Bermuda, Jan. 11, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BDRILL) advises that a Special General Meeting of the Company was held on January 8, 2021 at 09:30 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda
Jan 02, 2021 09:49 am ET
Borr Drilling Limited - Notice of Special General Meeting of Shareholders
HAMILTON, Bermuda, Jan. 2, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) advises that the Company will hold a Special General Meeting on January 8, 2021. The Board of Directors has fixed the close of business on January 4, 2021, as the record date for the determination of the shareholders entitled to attend and vote at the Special General Meeting or any adjournment thereof.
Dec 28, 2020 05:03 am ET
Borr Drilling Limited - Appointment of Magnus Vaaler as CFO
HAMILTON, Bermuda, Dec. 28, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) is pleased to announce the appointment of Mr. Magnus Vaaler as its new Chief Financial Officer, replacing Mr. Christoph Bausch with effect from 28 December 2020.
Nov 30, 2020 12:12 am ET
Borr Drilling Limited - Increase in share capital
HAMILTON, Bermuda, Nov. 30, 2020 /PRNewswire/ -- Reference is made to Borr Drilling Limited's ("Borr Drilling" or the "Company") (NYSE: "BORR", OSE: "BDRILL") stock exchange releases related to the subsequent offering of 10,000,000 new shares on the Oslo Stock Exchange (the "Offer Shares" and the "Subsequent Offering"), each at a subscription price at USD 0.53 per Offer Share.
Nov 14, 2020 07:50 am ET
Borr Drilling Limited - Launch of Subsequent Offering
HAMILTON, Bermuda, Nov. 14, 2020 /PRNewswire/ -- Reference is made to Borr Drilling Limited ("Borr" or the "Company") (NYSE: BORR) (OSE: BDRILL) stock exchange notices in September 2020 relating to a contemplated subsequent offering in Borr. The board of directors of Borr (the "Board") has today resolved to launch a conditional subsequent offering consisting of up to 10,000,000 new shares (the "Offer Shares" and the "Subsequent Offering"). The Offer Shares will be listed on Oslo Børs upon delivery.
Oct 28, 2020 06:10 am ET
Borr Drilling Limited - Sale of rig
OSLO, Norway, Oct. 28, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: "BORR", OSE: "BDRILL") has entered into an agreement to sell its cold stacked jack-up drilling rig "Atla" to an independent operator. The completion of the sale is expected in the fourth quarter 2020. Together with the previously announced sale of the standard jack-up drilling rig "Eir", which has been completed in October, the Company will record total cash proceeds of USD 13 million.
Oct 19, 2020 09:41 am ET
Borr Drilling Limited - Notice of Special General Meeting of Shareholders
OSLO, Norway, Oct. 19, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BDRILL) advises that the Company will hold a Special General Meeting on November 11, 2020. The Board of Directors has fixed the close of business on October 23, 2020 as the record date for determination of the shareholders entitled to attend and vote at the Special General Meeting or any adjournment thereof.
Oct 14, 2020 02:40 am ET
Borr Drilling Limited - Appointment of Christoph Bausch as CFO
OSLO, Norway, Oct. 14, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BDRILL) is pleased to announce the appointment of Christoph Bausch as its new Chief Financial Officer, replacing Mr. Francis Millet with effect from 1 November 2020.
Aug 10, 2020 02:10 am ET
Borr Drilling Limited Announces Appointment of Patrick Schorn as CEO
OSLO, Norway, Aug. 10, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: "BORR", OSE: "BDRILL") is pleased to announce the appointment of Patrick Schorn as its new Chief Executive Officer with effect from 8 September 2020. Mr. Schorn will succeed Svend Anton Maier who will remain with the Company as Special Advisor to the Chief Executive Officer. Mr Schorn has been a Director of the Company since January 2018.
Aug 03, 2020 02:40 am ET
Borr Drilling Limited - Fleet Status Report
OSLO,Norway, Aug. 3, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR), (OSE: BDRILL) is pleased to announce in its fleet status report today that it has entered into a new contract and LOIs for three of its currently warm stacked rigs, adding USD 21 million to the total backlog, with good prospects for additional backlog on these units. The recent awards will bring the total number of committed and contracted rigs up to 14. The tender activity in the jack-up market troughed in March / April this year caused by the negative development in the oil price. There are now cl
Jul 21, 2020 05:17 pm ET
Borr Drilling Limited - Notice of Annual General Meeting 2020
OSLO, Norway, July 21, 2020 /PRNewswire/ -- The Annual General Meeting of Shareholders of Borr Drilling Limited (the "Company") will be held on August 10, 2020 in Bermuda.
Jun 15, 2020 11:00 pm ET
Borr Drilling Limited Files its 2019 Annual Report on Form 20-F and Releases its 2019 Sustainability and Corporate Governance Reports
HAMILTON, Bermuda, June 16, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR, OSE: BDRILL) has on June 15, 2020 filed its Annual Report on Form 20-F for the Year Ended December 31, 2019 (the "2019 Annual Report"). Simultaneously, the Company has also released its 2019 Sustainability Report and Corporate Governance report. The reports are enclosed to this release.
Jun 09, 2020 10:40 am ET
Thinking about buying stock in Delta Air Lines, Borr Drilling, Walt Disney, Inuvo Inc, or Apple?
NEW YORK, June 9, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DAL, BORR, DIS, INUV, and AAPL.
Jun 05, 2020 02:01 am ET
Borr Drilling Limited - Completing Financial Restructuring and Conditions for Equity Offering
OSLO, Norway, June 5, 2020 /PRNewswire/ -- Reference is made to Borr Drilling Limited's ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BDRILL) stock exchange notices dated May 20 and May 21, 2020.
May 20, 2020 10:02 am ET
Borr Drilling Limited Announces Trading Update, Including Key First Quarter 2020 Financial Information
OSLO, Norway, May 20, 2020 /PRNewswire/ -- Hamilton, Bermuda, May 20, 2020: Borr Drilling Limited ("Borr", "Borr Drilling", "we" or the "Company") (NYSE: BORR, OSE: BDRILL) announces a trading update, including a limited financial analysis of the three months ended March 31, 2020.
May 20, 2020 06:30 am ET
Borr Drilling Limited - Notice of Trading Update With Selected Financial Results for Q1 2020
OSLO, Norway, May 20, 2020 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BDRILL) plans to release a trading update including selected financial results for the first quarter 2020 on Wednesday, May 20, 2020. The time of the release is expected to be before New York Stock Exchange opens at 3.30 CET/ 9.30 ET in order to accommodate the Company's US shareholders.
May 12, 2020 05:23 pm ET
Borr Drilling Limited Receives Notice From NYSE Regarding Continued Listing Standard
OSLO, Norway, May 12, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company" or "Borr") (NYSE: BORR) (OSE: BDRILL), today announced that the Company has received written notice from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE because the average closing price of its common shares had fallen below $1.00 per share over a period of 30 consecutive trading days.
May 05, 2020 09:25 am ET
ATTENTION BORR DRILLING EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Borr Drilling Stock with Full-Service Brokerage Firms
KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the
Apr 13, 2020 05:47 pm ET
Borr Drilling Limited - Update on Contracts and Operations
OSLO, Norway, April 13, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BDRILL) is pleased to announce that it has been awarded LOAs for work in the Asia Pacific region for two of its premium jack ups, of which one is a newbuild being activated. The contracts' estimated duration, excluding options, will be for 365 days and 200 days respectively. The rigs are expected to commence contracts in the third quarter of 2020.
Nov 01, 2019 02:52 am ET
Borr Drilling Limited Reports New Contracts in November 2019 Fleet Status Report
OSLO, Norway, Nov. 1, 2019 /PRNewswire/ -- 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, t
Aug 29, 2019 02:55 am ET
Borr Drilling Limited Announces Results for the Second Quarter 2019
HAMILTON, Bermuda, Aug. 29, 2019 /PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three and six months ended June 30, 2019
Aug 22, 2019 04:25 am ET
Borr Drilling Limited - Paal Kibsgaard Recommended as new Chairman of the Board
OSLO, Norway, Aug. 22, 2019 /PRNewswire/ -- The Board of Borr Drilling has based on the unanimous decision from the nomination committee, decided to recommend Paal Kibsgaard as new Chairman of the Board of Borr Drilling. The election will take place at the annual general meeting to be held on September 27, 2019.
Aug 22, 2019 04:10 am ET
Borr Drilling Limited - Notice of Annual General Meeting 2019
OSLO, Norway, Aug. 22, 2019 /PRNewswire/ -- A copy of the Notice of Annual General Meeting and Form of Proxy, and associated information including the Company's Annual Report can be found on the Company's website at http://www.borrdrilling.com and attached to this press release. The notice and associated information will also be distributed to shareholders by normal distribution methods.
Aug 06, 2019 09:59 am ET
Borr Drilling Limited - Contract Award for Premium Jack-up Rig in Mexico
HAMILTON, Bermuda, Aug. 6, 2019 /PRNewswire/ -- Reference is made to Borr Drilling Limited's (NYSE: BORR, OSE: BDRILL) (the "Company") previously disclosed information regarding its two contracts in Mexico with Petróleos Mexicanos ("Pemex"), in what is referred to as "Cluster 2", under an integrated services model. The first rig, the "Grid", has arrived on site and is currently commencing its contract, while the second rig, the "Gersemi", is expected to commence shortly thereafter.
Aug 02, 2019 02:14 am ET
Borr Drilling Announces Full Exercise of Underwriters' Over-Allotment Option in U.S. Initial Public Offering
HAMILTON, Bermuda, Aug. 2, 2019 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BDRILL) (the "Company" or "Borr Drilling") today announced that the underwriters of the Company's previously announced U.S. initial public offering (the "Offering") have exercised their over-allotment option in full to purchase an additional 750,000 common shares at the IPO public offering price of $9.30 per share, less underwriting discounts and commissions. As a result, the total number of shares sold in the Offering was 5,750,000, with settlement of the Offering, including the over-allotment shares, e
Jul 31, 2019 01:29 am ET
Borr Drilling Limited Announces Pricing of Initial Public Offering in the United States
HAMILTON, Bermuda, July 31, 2019 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR, OSE: BDRILL) (the "Company" or "Borr Drilling") today announced the pricing of its previously announced initial public offering in the United States of 5,000,000 of its common shares (the "Offering"), at a price to the public of $9.30 per common share (the "Offering Price"). Borr Drilling has also granted the underwriters of the Offering a 30-day option to purchase up to an additional 750,000 common shares at the Offering Price, less underwriting discounts and commissions. The Offering is expected to close on
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