Slide 1: Deep Value Driller AS Q3 2021
Deep Value Driller AS Q3 2021 Q3 2021 Prepared by: Svend Anton Maier, CEO
Slide 2: Overview Content
OVERVIEW CONTENT > Disclaimer > Comments from the chairman > Status rig > Malta > Market outlook > Project Progress > Financial statement > Notes
Slide 3: Disclaimer
Disclaimer DISCLAIMER AND IMPORTANT INFORMATION This Presentation and its appendices (the "Presentation") has been produced by Deep Value Driller AS, a Norwegian private limited company with its shares admitted to trading on Euronext Growth (Oslo) under the ticker code "DVD" (the "Company"). Referen
Slide 4: Comments from the Chairman
Comments from the Chairman The Chairman of the Board, Einar J. Greve commented: Since we reported H1 we continue to see increased utilization and higher rates in the deepwater market. And 7th generation drilling rigs are now aclose to 100% utilization It strengthens the believe of the board of direc
Slide 5: Status rig
Status rig P rem i um 7th G e n eration Drills h i p Current Vessel Status > The vessel is warm stacked with a crew of 15 persons > All the main systems onboard are being operated on a regular basis > Main vendors have conducted a condition assessment and scope of activation has been establised Reac
Slide 6: Deep Value Driller LTD is now established in Malta
Deep Value Driller LTD is now established in Malta New companies in group > Deep Value Driller Holding Ltd (registered 10 May 2021) Registered office: 10 Poltua, G. Debono Square, Msida MSD 1250, Malta > Deep Value Driller Ltd (registered 10 May 2021) Registered office: 10 Poltua, G. Debono Square,
Slide 7: Key figures
Key figures R i g p u r c h a s e E q u i p m e n t p u r c h a s e $65,000,000 $3,663,387 L a y u p c o s t M o b i l i s a t i o n c o s t s p e r S e p t e m b e r 3 0 $ 1 8 , 0 0 1 /d ay $1,933,930
Slide 8: Financial statement Q1-Q3
Unaudited amounts in USD Stacking costs 3420 128 Salaries 117 805 Other operating expenses 2617 872 Depreciation of assets 1 499 379 Financial income and expenses -180 792
Slide 9: Financial statement Q1-Q3
Unaudited amounts in USD Unaudited amounts in USD Equity Paid-up equity are Share capital 3 1015261 Inenete st > east Own stocks 3 3519 intangible assets Share premium reserve 3 81 880 257 Ships 2 67 164.879 Equipment and other movables 2 4512 Retained earnings Uncovered loss 7.470871 |Current asset
Slide 10: Financial statement Q1-Q3
Unaudited amounts in USD Cash flow from operating activities Profit loss before tax -7 474 391 Ordinary depreciation 1 499 379 Change in accounts payable 235471 Change in other accrual items -133 650 Cash flow from investment activities Payments for the purchase of fixed assets 68 668 769 Cash flows
Slide 11: NOTES to the Financial statements Q1-Q3
NOTES to the Financial statements Q1 -Q3 Q1-Q3
Slide 12: NOTES to the Financial statements Q1-Q3
NOTES to the Financial statements Q1 -Q3
Slide 13: NOTES to the Financial statements Q1-Q3
NOTES to the Financial statements Q1 -Q3