Capital Drilling (LSE: CAPD) this morning announced that it has been awarded three new exploration contracts, and two contracts with producers in West Africa. This is in addition to the three-year surface drilling contract at Resolute’s Mali operations announced on the 11th April 2018. As a result, the company is increasing revenue guidance to US$105-115 million from US$100-110 million.
18 Jun 2018
Flash Update: Further Contract Wins, Upgraded Revenue Guidance
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Flash Update: Further Contract Wins, Upgraded Revenue Guidance
Capital Limited (CAPD:LON) | 97.5 0.8 0.8% | Mkt Cap: 191.4m
- Published:
18 Jun 2018 -
Author:
David Baker -
Pages:
3
Capital Drilling (LSE: CAPD) this morning announced that it has been awarded three new exploration contracts, and two contracts with producers in West Africa. This is in addition to the three-year surface drilling contract at Resolute’s Mali operations announced on the 11th April 2018. As a result, the company is increasing revenue guidance to US$105-115 million from US$100-110 million.