Awilco Drilling PLC: Sale of WilHunter Concluded

Further to our Press Release of 9 June 2022, Awilco Drilling Plc announces that
its fully owned subsidiary, Awilco Drilling Offshore (UK) Limited, has now
concluded the previously announced sale of the drilling rig WilHunter.

Aberdeen, 22 June 2022


For further information please contact:

Eric Jacobs, Interim CEO
Phone: +44 1224 737900

Cathrine Haavind, Investor Relations
Phone: +47 93 42 84 64
Email: ch@awilcodrilling.com (mailto:ch@awilcodrilling.com)

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.