Category Archives for Investor relations

[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 McNeelCFOAtlantica Tender Drilling Ltd.+47 415 08 186reese.mcneel@atlanticatd.com


[07 September 2021] Atlantica Tender Drilling Ltd. (ATDL) – Recovery Agreement Approved

Bermuda, 07 September 2021 – With reference to the press release from 02 September 2021, the proposed written shareholder resolution has been passed and the Recovery Agreement has been entered into. For further information, please contact:Reese McNeelCFOAtlantica Tender Drilling Ltd.+47 415 08 186reese.mcneel@atlanticatd.com


[02 September 2021] Atlantica Tender Drilling Ltd. (ATDL) – Recovery Agreement

Bermuda, 02 September 2021 – The board of Atlantica Tender Drilling Ltd. (“ATDL”) is pleased to announce that an agreement has been reached with ATDL’s two main creditor groups, i.e. (i) the lending syndicate under its senior bank facility (the “Senior Lenders”) and (ii) its bondholders represented by Nordic Trustee ASA (the “Bondholders”) allowing for the solvent winding up of ATDL and its subsidiaries (the “Group”). ATDL’s obligation to repay the amounts it currently owes to the Senior Lenders (the Read More


[04 August 2021] Atlantica Tender Drilling Ltd. (ATDL) – Update regarding BassDrill Beta

Bermuda, 04 August 2021 – With reference to the press release made on 10 December 2020, BassDrill Beta has now completed its process of Demobilization from the P-61 TLP on the Papa Terra field in Brazil and is off hire. The rig completed the contract having achieved 2 298 days worked without a Lost Time Incident. An achievement which ATDL is extremely proud of. ATDL is pursuing a sale of both the BassDrill Beta and Atlantica Delta rigs. ATDL continues Read More


2020

[16-September-2020] ATLANTICA TENDER DRILLING LTD. (ATDL) – Update regarding Atlantica Delta Bermuda, 16 September 2020 – With reference to the press release made on 30 June 2020, the Atlantica Delta has now completed its process of demobilization from Total’s Moho Nord TLP offshore Congo (Brazzaville). The rig is under tow to the Canary Islands, Spain, where it will be stacked while other opportunities are pursued for the vessel.  With its maiden drilling campaign complete, the rig and crews can enjoy Read More


2019

[3-December-2019] Atlantica Tender Drilling Ltd. (ATDL) Update on Merger with Energy Drilling Company news On 04 April 2019, ATDL and Energy Drilling Pte. Ltd (Energy Drilling) announced the signing of a letter of intent to merge the two companies. The decision has now been taken to postpone the merger. In the last months, both ATDL and Energy Drilling have worked hard to secure longer term financing and support for the merger. While respective shareholder and lending groups have been positive Read More


2018

[27-August-2018] Atlantica Tender Drilling Ltd. (ATDL) Contract Extension BassDrill Beta Petrobras has extended the charter contract for the BassDrill Beta by an additional 386 days with options. [ 08-August-2018] Notice of 2018 Annual General Meeting Per the attachment, a notice has been sent the Company’s shareholders informing that the 2018 Annual General Meeting («AGM») of the Company will be held at Canon’s Court, 22 Victoria Street, Hamilton HM 12, Bermuda, on 21 August 2018 at 3:00 pm (CET). The proposed agenda comprises Read More