Archer Limited : Third Quarter 2016 Results

Hamilton, Bermuda (November 3, 2016) Third Quarter 2016 highlights Third quarter revenue from continuing operations was $214.4 million. Third quarter EBITDA before net restructuring costs was $21.5 million. Third quarter cash generated from underlying operations to financing activities and servicing of debt was $6.2 million. Net interest-bearing debt was $814.9 million at September 30, 2016. Archer […]

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Archer Limited : Announcement of third quarter 2016 earnings release date and conference call information

Hamilton, Bermuda (October 25, 2016) Archer Limited’s third quarter 2016 results are scheduled to be released on November 3, 2016 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 November 3, 2016. […]

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Archer Limited : Minutes from the 2016 Annual General Meeting

Hamilton, Bermuda (September 26, 2016)  Archer Limited (the “Company“) advises that the 2016 Annual General Meeting of the Shareholders of the Company was held on September 23, 2016 at 10:15 a.m. at the Rosewood Tucker’s Point Hotel, 60 Tucker’s Point Drive, Hamilton Parish HS 02, Bermuda.  The audited consolidated financial statements for Archer Limited for […]

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Archer Limited : Notice of annual general meeting

Hamilton, Bermuda (September 5, 2016) Archer advises that its 2016 Annual General Meeting will be held on September 23, 2016. The record date for voting at the Annual General Meeting is set to July 25, 2016.  A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial statements for 2015 can be found […]

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Archer Limited : Second Quarter 2016 Results

Hamilton, Bermuda (July 29, 2016) Second Quarter 2016 highlights Second quarter revenue was $218.8 million. Second quarter EBITDA was $17.4 million before net restructuring costs. Second quarter cash generated from underlying operations to financing activities and servicing of debt was $32.0 million. Net interest-bearing debt of $790.7 million at June 30, 2016. Wireline division was […]

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Archer Limited : Announcement of second quarter 2016 earnings release date and conference call information

Hamilton, Bermuda (July 21, 2016) Archer Limited’s second quarter 2016 results are scheduled to be released on July 29, 2016 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 July 29, 2016. […]

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Archer Limited : Annual General Meeting 2016

Hamilton, Bermuda (July 19, 2016) Archer Limited advises that its 2016 Annual General Meeting will be held on September 23, 2016. The record date for voting at the Annual General Meeting is set to July 25, 2016. The notice, agenda and associated material will be distributed prior to the meeting. This information is subject to […]

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Archer Limited : Mandatory Notification of Trade

Harald Thorstein, director of the board of Archer Ltd., has on 17 June 2016 acquired 5,600 shares in Archer. The transaction was concluded at a price of NOK 5.41 per share and the shares were acquired from Squal Invest, a company wholly owned by Mr. Thorstein. Following this transaction Mr. Thorstein’s direct and indirect ownership […]

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Archer Limited : Archer’s Board of Directors appoints John Lechner as CEO and Dag Skindlo as Director

Hamilton Bermuda (April 29, 2016) Archer’s Board of directors is pleased to announce the appointment of John Lechner as Chief Executive Officer and Dag Skindlo as Director effective immediately. Mr. Lechner has more than 30 years of experience in international oilfield services and replaces Mr. David King, who has been Archer’s CEO since July 2013. […]

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