Seadrill Ltd. (SDRL) Tops Q1 EPS by 23c

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Go back to Seadrill Ltd. (SDRL) Tops Q1 EPS by 23c

NADL - North Atlantic Drilling Ltd. Reports First Quarter 2015 Results

May 28, 2015 8:43 AM EDT

STAVANGER, Norway, May 28, 2015 (GLOBE NEWSWIRE) -- Highlights from the first quarter

North Atlantic Drilling generates first quarter 2015 EBITDA* of $92.4 million North Atlantic Drilling reports first quarter 2015 net loss of $11.3 million and loss per share of $0.06 Seadrill Limited provides guarantees for North Atlantic Drilling's NOK1.5 billion bond maturing in 2018 and for North Atlantic Drilling's two secured credit facilities. In exchange, the lenders have agreed to replace North Atlantic Drilling's financial covenants with Seadrill's financial covenants

Subsequent events

North Atlantic Drilling successfully extends the termination date of the Framework... More