All posts by Denise Hernandez.

Helge Haakonsen / Chairman

Mr. Haakonsen has more than 40 years experience in the oil and gas and shipping sectors. Since 1972 until retirement in the fall of 2009 Mr. Haakonsen was employed by Fred Olsen related companies and held a number of senior project, management and board positions within the offshore and tanker industries, including shipbuilding, offshore construction, offshore drilling and floating production. From 1997 to retirement Mr. Haakonsen was employed as CEO and President by Fred Olsen Energy ASA. Mr. Haakonsen received Read More


Pål Reiulf Olsen / Deputy Chairman

Mr. Olsen has 20 years of experience in the oil and gas sector and joined HitecVision in 2009. He has for the past 14 years been Director, Corporate Finance, in the Norwegian investment bank First Securities ASA (formerly Elcon Securities AS) and has for the past ten years headed First’s energy sector corporate finance team. Prior to joining Elcon Securities Mr. Olsen served as Chief Controller and Head of Strategic Planning in Aker ASA, parent company of the Aker Group. Read More


Alf Thorkildsen

Mr. Alf C.Thorkildsen joined the HitecVision partner group in 2013 from the position as Chief Executive Officer of Seadrill (2008-2012). From 2007 to 2008 Mr. Thorkildsen served as Chief Operating Officer in Seadrill. From 2002 to 2006, Mr. Thorkildsen was the Chief Financial Officer for the offshore drilling contractor Smedvig, and following the acquisition of Smedvig by Seadrill, Mr. Thorkildsen served as the Chief Financial Officer in Seadrill until 2007. Prior to joining Smedvig, Mr. Thorkildsen worked for more than Read More


[18-October-2019] Atlantica Tender Drilling Ltd (ATDL) – AGM and Change in Board of Directors

Reference is made to the notice of Annual General Meeting (AGM) published on October 08, 2019. The AGM was held on October 16, 2019. All proposed resolutions were adopted. Following the AGM, the board of directors of Atlantica Tender Drilling Ltd (ATDL) is as follows: Mr. Helge Haakonsen – Chairman Mr. Pål Reiulf Olsen – Deputy Chairman Mr. Alf C Thorkildsen – Newly elected Mr. Kristan Bodden – Newly elected For further information, please contact: Reese McNeel CFO Atlantica Tender Read More


[15-October-2019] ATLANTICA TENDER DRILLING LTD. – UNDERWRITTEN EQUITY ISSUE COMPLETED

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, SOUTH AFRICA, NEW ZEALAND, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Bermuda, October 15, 2019 – Reference is made to the NOTC stock exchange notice published by Atlantica Tender Drilling Ltd. (“ATDL” or the “Company“) concerning the private equity offering directed solely to its existing shareholders Read More


[08-October-2019] Notice of 2019 Annual General Meeting

Per the attachment, a notice has been sent to the Company’s shareholders, such notice informing that the 2019 Annual General Meeting («AGM») of the Company will be held at Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10, Bermuda, on 16 October 2019 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


[08-October-2019] Atlantica Tender Drilling Ltd. (ATDL) Contemplated Underwritten Equity Issue

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, SOUTH AFRICA, NEW ZEALAND, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Bermuda, October 08, 2019: the board of directors of Atlantica Tender Drilling Ltd. (“ATDL” or the “Company”) intends to carry out a private equity offering directed solely to its existing shareholders of up to USD Read More


Kerry Kunz

President & CEO Mr. Kunz has managed operations and marketing for offshore drilling rigs (platforms, jackups and accommodation barges) for over 36 years. He is the former Vice President of Offshore Operations for a major international contractor.


Reese McNeel

CFO Mr. McNeel holds an MBA from IESE Business School, Barcelona, Spain. Previous work experience includes CEO and CFO of Sevan Marine ASA as well as senior management and advisory positions working for both AlixPartners and PricewaterhouseCoopers.


[23-September-2019] Change in CFO

Effective September 30, 2019 Lasse Kjelsaas will step down as CFO after almost 8 years of service. We wish to thank Lasse for his significant contribution to the Company and wish him all the best in his future endeavors. Mr. Reese McNeel has been appointed CFO effective October 01, 2019. Reese will reside in Oslo, Norway. We take this opportunity to welcome Reese to the team.


[05-September-2019] Bank Facility Maturity Date Extension and Summons to Bondholder Meeting

Atlantica Tender Drilling Limited (“ATDL”) has recently explored different possibilities for refinancing of its debt, but has not yet been able to conclude on a long term refinancing. The Company has therefore explored the possibility of an extension of its Senior Bank Facility and the Bond Issue in order to allow more time to pursue a long term refinancing. The lenders under the Senior Bank Facility has agreed to an extension of the maturity date of the Senior Bank Facility Read More


[23-August-2019] Temporary Extension of Bank Facility Maturity Date

We refer to the announcement dated 10 May 2019, regarding a contemplated bond issue for Atlantica Tender Drilling Limited (“ATDL”). Due to adverse market conditions, ATDL was not able to conclude the contemplated bond issue. ATDL has therefore been discussing extending the maturity date of its existing bank facility (23 August 2019) and bond issue (23 September 2019) by approximately one year. The lenders under the bank facility have granted ATDL a temporary extension of the maturity date until 20 Read More


[12-JULY-2019] Atlantica Safety Milestone

In the beginning of Q2 2019, Atlantica surpassed 4 years without a lost time injury. We are extremely pleased with the safety performance of both units. This achievement demonstrates that the teams onboard both units have committed to and embraced the need to work with the company’s QHSE management system.


[10-May-2019] Atlantica Tender Drilling Ltd. – New Bank Term Loan Facility and Contemplated Bond Issue

Atlantica Tender Drilling Limited (the “Company”) has received credit approvals from a syndicate of new and existing lenders for a new 4-year USD 100 million first lien term loan facility (the “Term Loan”). The Company has further mandated DNB Markets and Pareto Securities as Global Coordinators and Joint Bookrunners and Danske Bank and SpareBank1 Markets as Joint Bookrunners to arrange a series of fixed income investor meetings. A USD 140 million, 4-year, second lien bond issue (the “Bond Issue”) may Read More


[07-December-2018] Houston Food Bank

On December 7, 2018 Atlantica completed a day of service at the Houston Food Bank by helping in the Keegan Kitchen with meal prep and packaging 3,886 hot meals for daily distribution to community locations where children gather after school.  


[03-August-2018] YMCA Operation Backpack

Team Atlantica had the opportunity to participate in the YMCA’s ‘Operation Backpack’ which is an initiative to provide school supplies for children in the Houston area so they can start school with the tools to be successful. With the donation of 43 backpacks filled with supplies, Atlantica is helping make a difference and impact the children in our community.  


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


[28-March-2018] 121-Day Extension to BassDrill Beta Charter

Petrobras has exercised their right to utilize a clause in the charter contract for BassDrill Beta which permits extending the primary term of the contract by the sum of accumulated downtime incurred during the original 1500-day term. This extends the term of the contract to the end of August, 2018.