NorAm Drilling

State of the art drilling rigs in the US Permian Basin

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Annualized dividend yield based on latest monthly distribution of USD 0.11 per share

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 history

PeriodDeclared cash distribution per share
December 2022USD 0.10 / NOK 1.00
January 2023USD 0.10 / NOK 1.00
February 2023USD 0.10 / NOK 1.05
March 2023USD 0.10 / NOK 1.10
April 2023USD 0.11 / NOK 1.1414
May 2023USD 0.11 / NOK 1.1745