Borr Drilling Limited · NYSE:BORR
Borr Drilling — Corporate Update (December 2020)
5 slides from Borr Drilling's corporate update, Dec 1, 2020
Slide 1: Fleet Status Report
Client Enquiries: marketing@borrdrilling.com Investor Enquiries: ir@borrdrilling.com 30th November 2020 Fleet Status Report
Slide 2: Fleet status updates: contracts, LOIs and rig sales
Prospector 1 Signed Contract (from LOI): Oct 2020 to Jan 2021, Netherlands. Eir Completed the previously announced sale in October 2020. Atla In line with Borr's long term strategy to focus on the operations of its core assets, the unit was sold in November 2020. Balder In line with Borr's long term
Slide 3: Rig fleet contract status table
Rig Name Rig Design Rig Water Depth (ft) Year Built Customer / Status Contract Start Contract End Location Comments Premium Jack-Ups Gyme PPL Pacific Class 400 400 ft 2018 Available Singapore Warm Stacked Skald KFELS Super B Bigfoot Class 400 ft 2018 Available Singapore Warm Stacked Thor KFELS Super
Slide 4: Rigs under construction and fleet summary
Rig Name Rig Design Rig Water Depth (ft) Year Built Customer / Status Contract Start Contract End Location Comments Borr DrillingFleet Status Report - 30th November 2020 Tivar KFELS Super B Bigfoot Class 400 ft Under Construction KFELS shipyard, Singapore Rig Delivery in June - 2022 Heidrun KFELS Bi
Slide 5: Rig contract timeline 2020-2023
Rig Name Location 2020 2021 2022 2023 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Rig Delivery in August - 2022 ` Rig Delivery in September - 2022 Tivar KFELS shipyard, Singapore Rig Delivery in June - 2022 Heidrun KFELS shipyard, Singapore Vale KFELS shipyard, Singapore Rig Delivery in July - 2