Noram Drilling AS

TekBot · desember 9, 2025, 3:42pm

NorAm Drilling AS – Monthly rig update and key information relating to the cash distribution for December 2025

Oslo, Norway, December 9, 2025

Commercial update:
…

Vis børsmeldingen

In November 2025, the Company had 9 out of 11 rigs employed and rig utilization was 79%.

As of December 9, 2025, approximately 87% of available rig days in December are contracted. One of our two stacked rigs is expected to commence operations mid December. The remaining stacked rig is being actively marketed. The contracted backlog beyond December is approximately USD 16.4 million.

Cash distribution:

The Board of Directors today approved a monthly cash distribution of approximately USD 1.3 million based on free cash flow for November 2025. The distribution will be made from the Company’s Contributed Surplus account which consists of previously paid in share premium transferred from the Company’s Share Premium account.

Key information:

Distribution amount: USD 0.03 per share

Declared currency: USD. Payment to shares registered with Euronext VPS will be distributed in NOK

Date of approval: December 9, 2025

Last day including right: December 15, 2025

Ex-date: December 16, 2025

Record date: December 17, 2025

Payment date: On or about December 23, 2025

For further queries, please contact:
Marius Furuly, Director of IR and Strategy
Tel: +47 90626191

About NorAm Drilling
NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the largest oil producing region in North America. NorAm Drilling is debt free and has industry leading operating margins. The Company has a full pay-out dividend strategy, targeting frequent cash distributions in a profitable market.

www.noramdrilling.com

Kilde

TekBot · desember 16, 2025, 7:01am

NorAm Drilling AS - Ex cash distribution USD 0.03 today

TekBot · januar 5, 2026, 9:01am

Financial calendar

TekBot · januar 12, 2026, 4:06pm

NorAm Drilling AS – Monthly rig update and key information relating to the cash distribution for January 2026

Oslo, Norway, January 12, 2026

Commercial update:
…

Vis børsmeldingen

In December 2025, the Company had 10 out of 11 rigs employed and rig utilization was 87%.

As of January 12, 2026, approximately 89% of available rig days in January are contracted. We expect one of our current contracted rigs to be released in late January. As of the end of January, we expect to have 9 of our 11 rigs under contract and working. The contracted backlog beyond January is approximately USD 16.6 million.

Cash distribution:

The Board of Directors today approved a monthly cash distribution of approximately USD 1.3 million based on free cash flow for December 2025. The distribution will be made from the Company’s Contributed Surplus account which consists of previously paid in share premium transferred from the Company’s Share Premium account.

Key information:

Distribution amount: USD 0.03 per share

Declared currency: USD. Payment to shares registered with Euronext VPS will be distributed in NOK

Date of approval: January 12, 2026

Last day including right: January 15, 2026

Ex-date: January 16, 2026

Record date: January 19, 2026

Payment date: On or about January 26, 2026

For further queries, please contact:
Marius Furuly, Director of IR and Strategy
Tel: +47 90626191

About NorAm Drilling
NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the largest oil producing region in North America. NorAm Drilling is debt free and has industry leading operating margins. The Company has a full pay-out dividend strategy, targeting frequent cash distributions in a profitable market.

www.noramdrilling.com

Kilde

TekBot · januar 16, 2026, 7:01am

NorAm Drilling AS - Ex cash distribution USD 0.03 today

TekBot · februar 10, 2026, 4:08pm

NorAm Drilling AS – Monthly rig update and key information relating to the cash distribution for February 2026

Oslo, Norway, February 10, 2026

Commercial update:
…

Vis børsmeldingen

In January 2026, the Company had 10 out of 11 rigs employed and rig utilization was 88%.

As of February 10, 2026, approximately 82% of available rig days in February are contracted. 9 out of 11 rigs are currently under contract and working. The remaining two rigs are actively being marketed. The contracted backlog beyond February is approximately USD 21.3 million.

Cash distribution:

The Board of Directors today approved a monthly cash distribution of approximately USD 1.3 million based on free cash flow for January 2026. The distribution will be made from the Company’s Contributed Surplus account which consists of previously paid in share premium transferred from the Company’s Share Premium account.

Key information:

Distribution amount: USD 0.03 per share

Declared currency: USD. Payment to shares registered with Euronext VPS will be distributed in NOK

Date of approval: February 10, 2026

Last day including right: February 16, 2026

Ex-date: February 17, 2026

Record date: February 18, 2026

Payment date: On or about February 25, 2026

For further queries, please contact:
Marius Furuly, Director of IR and Strategy
Tel: +47 90626191

About NorAm Drilling
NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the largest oil producing region in North America. NorAm Drilling is debt free and has industry leading operating margins. The Company has a full pay-out dividend strategy, targeting frequent cash distributions in a profitable market.

www.noramdrilling.com

Kilde

TekBot · februar 12, 2026, 4:33pm

NorAm Drilling AS – Invitation to Q4 2025 Results Presentation

Oslo, Norway, February 12, 2026

NorAm Drilling AS plans to release its preliminary financial results for the fourth quarter of 2025 after market close on Thursday, February 19, 2026.
…

Vis børsmeldingen

In connection with the release, the Company invites to a live presentation and Q&A on Friday, February 20, 2026, at 09:00 AM (EST) / 3:00 PM (CET).

Follow the link to register for the presentation: bit.ly/NorAm-Q4-2025

Relevant presentation material will on the same day be made available on the Investor Relations section of the Company’s website at www.noramdrilling.com.

For further queries, please contact:
Marius Furuly, Director of IR and Strategy
Tel: +47 90626191

About NorAm Drilling
NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the largest oil producing region in North America. NorAm Drilling is debt free and has industry leading operating margins. The Company has a full pay-out dividend strategy, targeting frequent cash distributions in a profitable market.

www.noramdrilling.com

Kilde

TekBot · februar 12, 2026, 4:35pm

Financial calendar

TekBot · februar 16, 2026, 3:29pm

NorAm Drilling AS – Commercial Update

Oslo, Norway, February 16, 2026

NorAm Drilling AS (the “Company” or “NorAm”) today announces that it has signed contracts with two E&Ps with significant activity in the Permian basin for its two idle rigs. Both rigs are expected to generate revenue from early March 2026.
…

Vis børsmeldingen

Upon the rigs’ commencement, NorAm expects to have 100% of its rigs contracted for the first time since 2023. As of February 16, 2026, the Company’s contracted backlog is approximately $28.3 million.

The Company anticipates that the two rigs will positively impact free cash flow from operations. NorAm Drilling is debt free and will continue to pay out excess cash flow to its shareholders through monthly cash distributions.

For further queries, please contact:
Marius Furuly, Director of IR and Strategy
Tel: +47 90626191

About NorAm Drilling
NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the largest oil producing region in North America. NorAm Drilling is debt free and has industry leading operating margins. The Company has a full pay-out dividend strategy, targeting frequent cash distributions in a profitable market.

www.noramdrilling.com

Kilde

HO5 · februar 16, 2026, 7:00pm

Lover godt! Alle rigger i sving, og utbytte kommer til å øke fra 3 cent til 8-10 cent pr mnd slik det var sist alle riggene var aktive. Good times!
Om utbytte øker til ca kr 1 pr mnd, hvilken yield gir det mon tro…

TekBot · februar 17, 2026, 7:01am

NorAm Drilling AS - Ex cash distribution USD 0.03 today

TekBot · februar 19, 2026, 4:52pm

NorAm Drilling AS - Fourth Quarter 2025 Results

Oslo, Norway, February 19, 2026

NorAm Drilling AS (the “Company” or “NorAm”), today reported unaudited results for the three and twelve months ended December 31, 2025:
…

Vis børsmeldingen

HIGHLIGHTS
• Reported Revenues of MUSD 26.5
• Adjusted EBITDA of MUSD 3.8
• Fleet utilization of 82.6%
• Current revenue backlog of MUSD 27.6

Marty L. Jimmerson, Chief Executive Officer of NorAm Drilling AS commented:
"During the fourth quarter, we contracted one of two available rigs with a major E&P. This rig returned to work in December increasing our contracted rigs from 9 to 10 as of year end, despite Permian land rig counts declining 2% during the quarter.

In January 2026, a private operator released one of our contracted rigs. As announced earlier this week, we signed contracts for both of our available rigs with two E&Ps with significant activity in the Permian basin. Upon commencement of both rigs’ operations, anticipated in early March, we expect to have 100% of our rig fleet contracted for the first time since 2023. We are pleased with our excellent operational performance and significant expansion of customer relationships with major E&Ps.

With our industry low cost base and zero debt, we continue to return capital to shareholders despite market headwinds, and this demonstrates the strength of our unique model. We paid MUSD 3.9 or NOK 0.91 per share in monthly dividends in the quarter and have declared two additional dividends after quarter end. Our rigs are among the very top performers measured in feet drilled per day in the U.S shale market as illustrated by one of our rig’s recent “rig of the year” award among the rigs of a US super major. NorAm’s rigs should be very well positioned in a market recovery."

In connection with the release, the Company invites to a live presentation and Q&A on Friday, February 20, 2026, at 09:00 AM (EST) / 3:00 PM (CET).

Follow the link to register for the presentation: bit.ly/NorAm-Q4-2025

Relevant presentation material will on the same day be made available on the Investor Relations section of the Company’s website at www.noramdrilling.com.

For further queries, please contact:
Marius Furuly, Director of IR and Strategy
Tel: +47 90626191

About NorAm Drilling
NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the largest oil producing region in North America. NorAm Drilling is debt free and has industry leading operating margins. The Company has a full pay-out dividend strategy, targeting frequent cash distributions in a profitable market.

www.noramdrilling.com

Kilde

TekBot · februar 20, 2026, 1:41pm

NorAm Drilling AS - Fourth Quarter 2025 Results Presentation

HO5 · mars 10, 2026, 2:44pm

Nærmer seg ny melding om utbytte. Ser vi økning fra 3 cent til 5-8 cent? Jeg antar vi kryper opp til 10 cent de neste månedene.

På kurs 40 snakker vi om 25-30 % avkastning ved 10 cent utbytte.

Ved 7 cent snakker vi ca 20 %.

Blir bra dette…

TekBot · mars 10, 2026, 3:27pm

NorAm Drilling AS – Monthly rig update and key information relating to the cash distribution for March 2026

Oslo, Norway, March 10, 2026

Commercial update:
…

Vis børsmeldingen

In February 2026, the Company had 9 out of 11 rigs employed and rig utilization was 83%. Both idle rigs commenced mobilization in late February and are now currently employed.

As of March 10, 2026, 100% of available rig days in March are contracted. The contracted backlog beyond March is approximately USD 30.1 million.

Based on our projected March utilization, the Company expects to be able to increase its next monthly distribution subject to no material adverse development in market conditions.

Cash distribution:

The Board of Directors today approved a monthly cash distribution of approximately USD 1.3 million based on free cash flow for February 2026. The distribution will be made from the Company’s Contributed Surplus account which consists of previously paid in share premium transferred from the Company’s Share Premium account.

Key information:

Distribution amount: USD 0.03 per share

Declared currency: USD. Payment to shares registered with Euronext VPS will be distributed in NOK

Date of approval: March 10, 2026

Last day including right: March 16, 2026

Ex-date: March 17, 2026

Record date: March 18, 2026

Payment date: On or about March 25, 2026

For further queries, please contact:
Marius Furuly, Director of IR and Strategy
Tel: +47 90626191

About NorAm Drilling
NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the largest oil producing region in North America. NorAm Drilling is debt free and has industry leading operating margins. The Company has a full pay-out dividend strategy, targeting frequent cash distributions in a profitable market.

www.noramdrilling.com

Kilde

HO5 · mars 10, 2026, 4:44pm

Se der ja, ingen økning denne måneden. Er vel fordi det var først denne måneden alle riggene kom i sving, og de opererer nok ikke med forskuddsbetaling.
AISelect_20260310_174256_TekInvestor

Liker det siste avsnittet der, og underbygger mine forventninger.

HO5 · mars 12, 2026, 9:27am

Har sett litt nærmere på tallene, og sammenlignet med tidligere rapport. Kun gjort med harelabb.

Fra q1 2023 da de hadde 11 rigger i arbeid, var revenue på 32,7 mill. Nå siste q var revenue på 26,5 mill med 9 rigger i arbeid.
Grovt regnet gir det revenue pr rigg på 2,97 mill i 2023, og 2,94 mill siste q. En liten nedgang, men ikke dramatisk.
På kostnadssiden er det derimot større bevegelser hvis vi ser på kvartalstallene:

I q1 2023, med 11 rigger i sving hadde de kostnader på 22,6 mill.
I q4 2025, med 9 rigger i svaing hadde de kostnader på 24,4 mill.
Så kostnadsnivået har økt ganske greit. Men vanskelig i si hva marginalkostnaden på de siste to riggene i aktivitet vil være. De har jo vært varme den tiden de har vært uten aktivitet, og det representerer også en del kostnader som blir “borte” nå.

Så det blir nok en økning i utbytte, men ikke på de nivåene vi tidligere har sett. 5-6 cent er kanskje realistisk?

TekBot · mars 17, 2026, 7:00am

NorAm Drilling AS - Ex cash distribution USD 0.03 today

TekBot · april 9, 2026, 2:38pm

NorAm Drilling AS – Monthly rig update and key information relating to the cash distribution for April 2026

Oslo, Norway, April 9, 2026

Commercial update:
…

Vis børsmeldingen

In March 2026, the Company had 11 out of 11 rigs employed and rig utilization was 99%.

As of April 9, 2026, 100% of available rig days in April are contracted. The contracted backlog beyond April is approximately USD 24.8 million.

Based on our outlook for April, the Company expects to be able to increase its next monthly distribution subject to no material adverse development in market conditions.

Cash distribution:

The Board of Directors today approved a monthly cash distribution of approximately USD 1.5 million based on free cash flow for March 2026. The distribution will be made from the Company’s Contributed Surplus account which consists of previously paid in share premium transferred from the Company’s Share Premium account.

Key information:

Distribution amount: USD 0.035 per share

Declared currency: USD. Payment to shares registered with Euronext VPS will be distributed in NOK

Date of approval: April 9, 2026

Last day including right: April 13, 2026

Ex-date: April 14, 2026

Record date: April 15, 2026

Payment date: On or about April 22, 2026

For further queries, please contact:
Marius Furuly, Director of IR and Strategy
Tel: +47 90626191

About NorAm Drilling
NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the largest oil producing region in North America. NorAm Drilling is debt free and has industry leading operating margins. The Company has a full pay-out dividend strategy, targeting frequent cash distributions in a profitable market.

www.noramdrilling.com

Kilde

HO5 · april 10, 2026, 9:01am

Distribution amount: USD 0.035 per share

Synes den var litt tynn, men det tar kanskje litt mer tid å bygge større utbyttekapasitet? Så for meg 4-5 cent nå,.

3,5 cent pr mnd gir ca 4 kr årlig, eller ca 8 %. Er det litt stusselig?

Aker BP ligger vel og vaker i underkant av 8 %.

Men blir nok bedre neste måned (selv om den formuleringen også var med i mars-meldingen):
Based on our outlook for April, the Company expects to be able to increase its next monthly distribution subject to no material adverse development in market conditions.