Aquadrill Issued September 30, 2021, Financial Statements

LONDON, November 29, 2021 / PRNewswire / – Aquadrill LLC (“Aquadrill” or the “Company”) today announced that it has published its Consolidated Balance Sheet (successor) as at 09/30/2021, its Consolidated Statements of Income (successor and predecessor) for the three and nine months ended 09/30/2021 and 09/30/2020 and its consolidated statements of cash flows (successor and predecessor) for the nine months ended 09/30/2021 and 09/30/2020 each reflecting the presentation of the black line following a new accounting start, as well as management’s discussion and analysis of the financial condition and results of operations.

FORWARD-LOOKING STATEMENTS

This press release and the accompanying financial statements and MD&A contain forward-looking statements. Such statements are generally not historical in nature and specifically include statements about plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts. These statements are made on the basis of management’s current plans, expectations, assumptions and beliefs regarding future events affecting the Company and therefore involve a number of risks, uncertainties and assumptions that could result in that actual results differ materially from those expressed or implied in forward-looking statements. statements, which speak only as of the date of this press release. Therefore, no forward-looking statement can be guaranteed. When reviewing these forward-looking statements, you should keep in mind the risks described from time to time in the regulatory documents and periodic reports of the Company. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unforeseen events. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. In addition, the Company cannot assess the impact of each of these factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement.

CONTACT:

[email protected]

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SOURCE Aquadrill LLC


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