Monthly Archives for October 2020

[30-October-2020] Atlantica Tender Drilling Ltd. (ATDL) – Bank and Bond Maturity Date Extension

Bermuda, 30 October 2020 -Reference is made to the press release from 30 September 2020, which outlined agreed amendments to the Senior Facility Agreement and Bond Issue. The amendments have now been finalized. The Bank Facility has been extended to 30 September 2021 and the Bond Issue to 31 October 2021. For further information, please contact: Reese McNeelCFOAtlantica Tender Drilling Ltd+47 415 08

[30-October-2020] Atlantica Tender Drilling Ltd. (ATDL) Notice of Annual General Meeting

Per the attachment, a notice has been sent to the Company’s shareholders, such notice informing that the 2020 Annual General Meeting («AGM») of the Company will be held at Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10, Bermuda, on 10 November 2020 at 3:00 pm (CET). The proposed agenda comprises solely the ordinary business of the AGM. Participation by way of proxy only: Shareholders of the Company are asked to submit their proxies for participation to the Company’s Read More

[16-October-2020] ATLANTICA TENDER DRILLING LTD. (ATDL) – Announces Safety Milestone for the Company

Bermuda, 16 October 2020 – ADTL announced this week that the company has reached a safety milestone of 2000 days of working Lost Time Incident free for its operations in Brazil and the Congo.  The Bassdrill Beta remains on location for Petrobras in Brazil while the Altantica Delta has concluded its demobilization from Total’s Noho Nord TLP, in the Congo, and has now arrived today in the Port of Las Palmas.  The company is very proud of this achievement, placing Read More

[16-October-2020] Atlantica Tender Drilling Ltd. (ATDL) – Notice of Written Bondholders’ Resolution

Bermuda, 16 October 2020 – Reference is made to the press release from 30 September 2020 regarding amendments to the Senior Facility Agreement and Bond Issue. Please find attached the respective Notice of Written Bondholders’ Resolution. NO0010675580_SB_20201016 For further information, please contact:Reese McNeelCFOAtlantica Tender Drilling Ltd.+47 415 08

[ 09-October-2020] ATLANTICA TENDER DRILLING LTD. (ATDL) – Petrobras contract update

Bermuda, 09 October 2020 – ATDL has agreed a contract amendment with Petrobras for the use of the 2013 built semi-tender unit BassDrill Beta. The rig remains on long-term standby. ATDL has agreed amended terms for the current standby period, including a lower day rate and the corresponding ability for ATDL to reduce contractual manning and associated costs. The notice period for Petrobras to exercise the additional on year option, which would extend the contract from March 2021 to March Read More