Atlantica Tender Drilling Ltd.

09/12/2021 | Press release | Distributed by Public on 09/13/2021 05:19

[12 September 2021] Atlantica Tender Drilling Ltd. (ATDL) – Sale of BassDrill Beta

Bermuda, 12 September 2021 - With reference to the press release from 02 September 2021 and in accordance with the Recovery Agreement, the rig BassDrill Beta has been sold for USD 4.3 million for recycling. The net proceeds from the sale shall be shared on a 50:50 basis between the Senior Lenders and the Bondholders.

For further information, please contact:
Reese McNeel
CFO
Atlantica Tender Drilling Ltd.
+47 415 08 186
[email protected]