Operational and Financial Overview
ENSCOROWAN
ARO Drilling
Unique Partnership Creates Value
Partnering with Saudi Aramco,
the largest customer for jack-ups
in the world, in the largest region
for jack-ups in the world.
CONTRIBUTED
High utilization for seven contributed assets
for the remainder of their useful lives.
LEASED / BAREBOAT CHARTER
Opportunity to contract additional assets to
ARO Drilling through agreed leasing structure.
By end of year 2018, contracted nine rigs to
Saudi Aramco through bare boat charter.
-7
9+
NEW BUILD
Strong visible organic growth - expect twenty newbuilds against
long-term contracts. Expected returns are commensurate to
target for similar risk profile opportunities. Newbuild program
projected to be self-funding at the ARO Drilling level.
ARO Drilling expected to generate
substantial long term cash flow.
20
$1
Source: Company Filings
20
20View entire presentation