Archer Limited : Financial Calendar 2014

Hamilton, Bermuda (December 27, 2013) Archer Limited plans to release its financial statements on the following dates in 2014: 28 February 2014  – Preliminary fourth quarter and financial year 2013 results16 May 2014   – First quarter 2014 results8 August 2014   – Second quarter 2014 results31 October 2014  – Third quarter 2014 results Please be advised […]

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Archer Limited : Mandatory notification of trade

On Friday November 29, 2013, Mr. Christoph Bausch, Executive Vice President & CFO and primary insider of Archer Limited, purchased 30,000 shares at an average price of NOK 4.80 per share in Archer Limited. After this transaction, Mr. Christoph Bausch holds directly and indirectly 60,000 shares and 400,000 stock options in Archer Limited. This information […]

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Archer Limited : Third Quarter 2013 Results

Hamilton, Bermuda (November 28, 2013) Third Quarter 2013 Highlights Third quarter revenue from continuing operations of $522.6 million,   Third quarter EBITDA from continuing operations of $49.9 million including a one-time credit of $13.0 million.  Net loss for the quarter of $24.2 million  Third quarter operational cash flow of $14.3 million,  Net interest-bearing debt of $745.6 million at September 30, 2013.  […]

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Archer Limited: Announcement of earnings release date and invitation to presentation of third quarter 2013 results

Hamilton, Bermuda (November 21, 2013) Archer Limited’s third quarter 2013 results are scheduled to be released on Thursday November 28, 2013 before the start of trading on Oslo Stock Exchange. In connection with the earnings release, a presentation will be held  in Oslo, Norway by Archer CEO David King and CFO Christoph Bausch, at Swedbank […]

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Archer Limited : Divestiture of the North American Underbalanced services division to Atlas Copco

Hamilton, Bermuda (October 17, 2013) Archer Limited announces that one of its subsidiary companies has sold its North American Underbalanced services assets to Atlas Copco.  The all-cash asset sale transaction is completed.  Approximately 70 former Archer Underbalanced employees have joined Atlas Copco.  As of year-end 2012 Archer’s North American Underbalanced services division generated $34 million […]

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Archer Limited : 2013 Annual General Meeting

Archer Limited (the “Company“) advises that the 2013 Annual General Meeting of the Company was held on September 20, 2013 at 10:10 a.m. at the Elbow Beach Hotel, 60 South Shore Road, Paget PG06, Bermuda.  The following resolutions were passed: To re-elect Tor Olav Trøim as a Director of the Company.   To re-elect Kate Blankenship […]

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Archer Limited: Second Quarter 2013 Results

Hamilton, Bermuda (August 30, 2013) Second Quarter Highlights ·            Second quarter revenue from continuing operations of $514.5 million, Year-to-date revenue from continuing operations of $1.0 billion. ·            Second quarter EBITDA from continuing operations of $26.9 million, Year-to-date EBITDA from continuing operations of $55.7 million. ·            Net loss for the quarter of $25.7 million, Year-to-date net loss of $62.7 […]

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Archer Limited: Notice of Annual General Meeting 2013

Hamilton, Bermuda (August 28, 2013) Archer advises that its 2013 Annual General Meeting will be held on September 20, 2013. The record date for voting at the Annual General Meeting is set to July 19, 2013.  A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial Statements for […]

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Archer Limited :Announcement of second quarter 2013 earnings release date and conference call information

Hamilton, Bermuda (August 16, 2013) Archer Limited’s second quarter 2013 results are scheduled to be released on Friday August 30, 2013 before the start of trading on Oslo Stock Exchange. In connection with the earnings release, a conference call will be held at 7:00 Houston time, 13:00 London time, 14:00 Oslo time on Friday August […]

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