Oslo, Norway, April 10, 2024 Commercial update: In March 2024, the Company’s 11 drilling rigs achieved an average operating day rate of approximately USD 26,400 and rig utilization was 83%. […]
State of the art drilling rigs in the US Permian Basin
About NorAm Drilling
NorAm Drilling is a leading drilling operator with a fleet of 11 Ultra Super Spec drilling rigs in the Permian basin with 15 years of operating history. The rigs are all fully upgraded with walking systems and high racking capacity and has a track record of drilling the longest wells in Permian.
Dividend yield p.a. based on latest cash distribution
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Cash distributions per share announced since IPO
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LATEST NEWS
Oslo, Norway, March 7, 2024 Commercial update: In February 2024, the Company’s 11 drilling rigs achieved an average operating day rate of approximately USD 26,400 and rig utilization was 90%. […]
Oslo, Norway, February 23, 2024 Please find enclosed the presentation of the fourth quarter 2023 results to be held on a live presentation and Q&A today at 09:00 AM (EST) […]
Oslo, Norway, February 22, 2024 NorAm Drilling AS (the “Company” or “NorAm”), today reported unaudited results for the three and twelve months ended December 31, 2023: HIGHLIGHTS Marty L. Jimmerson, […]