This XML file does not appear to have any style information associated with it. The document tree is shown below. <rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" version="2.0"> <channel> <title>Archer</title> <atom:link href="http://archerwell.com/feed/" rel="self" type="application/rss+xml"/> <link>http://archerwell.com</link> <description>Archer is a global oilfield service company with more than 40 years’ experience, over 8,000 employees and operations in more than 100 locations worldwide. From drilling services, production optimization, well integrity and intervention to decommissioning, Archer focuses on safely delivering the highest quality services and products to the drilling and well service markets. We are Archer.</description> <lastBuildDate>Fri, 28 Aug 2015 14:09:52 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=4.1.7</generator> <item> <title>Archer Limited : Notice of Annual General Meeting 2015</title> <link>http://archerwell.com/archer-limited-notice-of-annual-general-meeting-2015/</link> <comments>http://archerwell.com/archer-limited-notice-of-annual-general-meeting-2015/#comments</comments> <pubDate>Thu, 20 Aug 2015 07:30:00 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda (August 20, 2015) Archer advises that its 2015 Annual General Meeting will be held on September 18, 2015. The record date for voting at the Annual General Meeting is set to July 24, 2015.&#160; A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial statements for [&#8230;] ]]> </description> <content:encoded> <![CDATA[ <div class="hugin" id="suggestion-block" style=""> <div class="hugin" style="float:none;"> <p class="hugin">Hamilton, Bermuda (August 20, 2015)</p> <p class="hugin">Archer advises that its 2015 Annual General Meeting will be held on September 18, 2015. The record date for voting at the Annual General Meeting is set to July 24, 2015.&nbsp; A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial statements for 2014 can be found on our website www.archerwell.com.</p> </p></div> <div class="hugin" style="float:none;">This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</div> </p></div> <div style = 'padding-top:20px;'> <h5>Attachments</h5> <ul> <li><a href = 'http://hugin.info/143663/R/1946632/706451.pdf' target = '_blank'>Notice of Annual General Meeting</a></li> </div> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-notice-of-annual-general-meeting-2015/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Archer Limited : Second Quarter 2015 Results</title> <link>http://archerwell.com/archer-limited-second-quarter-2015-results/</link> <comments>http://archerwell.com/archer-limited-second-quarter-2015-results/#comments</comments> <pubDate>Fri, 31 Jul 2015 07:30:00 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda (July 31, 2015) Second Quarter 2015 highlights Second quarter revenue from continuing operations of $388.9&#160;million Second quarter EBITDA was a loss of $1.9 million including $5.0 million restructuring costs Net loss for the quarter of $47.7 million Second quarter operational cash flow of $28.9&#160;million Net interest-bearing debt of $793.9&#160;million as of June 30, [&#8230;] ]]> </description> <content:encoded> <![CDATA[ <div class="hugin" id="suggestion-block" style=""> <div class="hugin" style="float:none;"> <p class="hugin">Hamilton, Bermuda (July 31, 2015)</p> <p class="hugin">Second Quarter 2015 highlights</p> <ul class="hugin" type="disc"> <li class="hugin"> <div class="hugin">Second quarter revenue from continuing operations of $388.9&nbsp;million</div> </li> <li class="hugin"> <div class="hugin">Second quarter EBITDA was a loss of $1.9 million including $5.0 million restructuring costs</div> </li> <li class="hugin"> <div class="hugin">Net loss for the quarter of $47.7 million</div> </li> <li class="hugin"> <div class="hugin">Second quarter operational cash flow of $28.9&nbsp;million</div> </li> <li class="hugin"> <div class="hugin">Net interest-bearing debt of $793.9&nbsp;million as of June 30, 2015</div> </li> </ul> <p class="hugin">In connection with the earnings release, a conference call will be held at 7:00 Houston time, 13:00 London time, 14:00 Oslo time on Friday, July 31, 2015.</p> <p class="hugin">For information on how to attend the webcast, detailed information is found on our webpage; http://archerwell.com/investor-relations/webcast/</p> <p class="hugin">Questions should be directed to:<br class="hugin" />David King, Chief Executive Officer<br class="hugin" />Christoph Bausch, Chief Financial Officer</p> </p></div> <div class="hugin" style="float:none;">This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</div> </p></div> <div style = 'padding-top:20px;'> <h5>Attachments</h5> <ul> <li><a href = 'http://hugin.info/143663/R/1942773/702988.pdf' target = '_blank'>Second Quarter 2015 Results</a></li> </div> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-second-quarter-2015-results/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Archer Limited : Announcement of second quarter 2015 earnings release date and conference call information</title> <link>http://archerwell.com/archer-limited-announcement-of-second-quarter-2015-earnings-release-date-and-conference-call-information_1/</link> <comments>http://archerwell.com/archer-limited-announcement-of-second-quarter-2015-earnings-release-date-and-conference-call-information_1/#comments</comments> <pubDate>Mon, 20 Jul 2015 08:59:48 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda (July 20, 2015) Archer Limited&#8217;s second quarter 2015 results are scheduled to be released on Friday, July 31, 2015 before the start of trading on Oslo Stock Exchange. &#160; In connection with the earnings release, a conference call will be held at 7:00 Houston time, 13:00 London time, 14:00 Oslo time on Friday [&#8230;] ]]> </description> <content:encoded> <![CDATA[ <div class="hugin" style="float:none;"> <div align="justify" class="hugin">Hamilton, Bermuda (July 20, 2015)</div> <div align="justify" class="hugin"><br class="hugin" /></div> <div align="justify" class="hugin">Archer Limited&#8217;s second quarter 2015 results are scheduled to be released on Friday, July 31, 2015 before the start of trading on Oslo Stock Exchange.</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">In connection with the earnings release, a conference call will be held at 7:00 Houston time, 13:00 London time, 14:00 Oslo time on Friday July 31, 2015.</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">To listen to the presentation, the following options are available:</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">A. Webcast</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">To register for the webcast please go to</div> <p align="justify" class="hugin"><a class="hugin" href="http://edge.media-server.com/m/p/fx2cvg9o" target="_blank">http://edge.media-server.com/m/p/fx2cvg9o</a></p> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">B. Conference call</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">To access the call, which is open to the public, please contact the conference call operator at the participant telephone numbers listed below. Please call in 10 minutes prior to the scheduled start time, and ask for the &#8220;Archer Second Quarter 2015 Results Conference Call.&#8221;</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">Participant Telephone Numbers:</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">&nbsp;</div> <div class="hugin" style="">Participants, Local &#8211; London, United Kingdom: &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44(0)20 3427 0503</div> <div class="hugin" style="">Participants, National free phone &#8211; United Kingdom: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0800 279 4841</div> <div class="hugin" style="">Participants, Local &#8211; New York, United States of America: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +1212 444 0896</div> <div class="hugin" style="">Participants, National free phone &#8211; United States of America: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1877 280 2296</div> <div class="hugin" style="">Participants, Local &#8211; Oslo, Norway: &nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +472350 0486</div> <div align="justify" class="hugin">Participants, National free phone &#8211; Norway: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 800 56054</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">Confirmation Code:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5763726</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">The operator will ask for your name, company and the confirmation code.</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">Following the presentation there will be a Q&amp;A session. Information on &#8220;how to ask questions&#8221; will be given at the beginning of the Q&amp;A session.</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">Playback Option:</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">If you are unable to participate in the conference call on the day, there is an opportunity to listen to a replay on www.archerwell.com/webcast or to listen to a playback by dialing:</div> <div align="justify" class="hugin">&nbsp;</div> <div class="hugin" style="">Local &#8211; London, United Kingdom: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (0)20 3427 0598</div> <div class="hugin" style="">Local &#8211; New York, United States of America: &nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 347 366 9565</div> <div class="hugin" style="">Local &#8211; Oslo, Norway: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2100 0498</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">followed by replay access number: &nbsp;&nbsp;5763726#</div> <div align="justify" class="hugin">&nbsp;</div> <div align="justify" class="hugin">Participant list information required: Full name &amp; company</div> </p></div> <div class="hugin" style="float:none;">&nbsp;</div> <div class="hugin" id="suggestion-block" style=""> <div class="hugin" style="float:none;">This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</div> </p></div> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-announcement-of-second-quarter-2015-earnings-release-date-and-conference-call-information_1/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Archer Limited : Trading update</title> <link>http://archerwell.com/archer-limited-trading-update_1/</link> <comments>http://archerwell.com/archer-limited-trading-update_1/#comments</comments> <pubDate>Thu, 11 Jun 2015 07:28:46 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda (June 11, 2015)&#160; Although we continue to make good progress on our cost reduction initiatives which has limited the impact of adverse trading conditions on the Group, we now expect a lower than anticipated financial performance in the second quarter 2015 as compared with guidance provided at the end of the first quarter [&#8230;] ]]> </description> <content:encoded> <![CDATA[ <div class="hugin" id="suggestion-block"> <div class="hugin" style="float:none;"> <p align="justify" class="hugin">Hamilton, Bermuda (June 11, 2015)&nbsp; </p> <p align="justify" class="hugin">Although we continue to make good progress on our cost reduction initiatives which has limited the impact of adverse trading conditions on the Group, we now expect a lower than anticipated financial performance in the second quarter 2015 as compared with guidance provided at the end of the first quarter 2015.&nbsp;</p> <p align="justify" class="hugin">This is predominately the result of a higher than anticipated decline in revenue in North America, currently estimated to be approximately 35% below the first quarter, as well as higher costs incurred in our Latin America operation, where we expect operating costs to be approximately $10 million above the first quarter, resulting in part from several one-time severance, repair and other start-up expenses. </p> <p align="justify" class="hugin">David King, Chief Executive Officer, stated, &#8220;The current market environment is very challenging and has limited near-term visibility.&nbsp; The additional reductions in our revenue are a reflection of the continued pressure our industry is facing. We are doing all we can to minimize the financial effects and I believe that as a result of our cost management efforts as well as the investments made we will see improvements during the second half of 2015 compared to the second quarter 2015.&#8221; </p> <p align="center" class="hugin">###</p> <p align="justify" class="hugin"><b class="hugin">CONTACTS</b></p> <p class="hugin"><b class="hugin">For Investors:</b></p> </p></div> </p></div> <div class="hugin" style="float:none;"> <p class="hugin">Joachim Houeland</p> <p class="hugin">Corporate Treasurer and Investor Relations </p> <p class="hugin">(+47) 51 30 80 00 </p> <p class="hugin"><a class="hugin" href="mailto:Joachim.Houeland@archerwell.com" target="_blank">Joachim.Houeland@archerwell.com</a> </p> <p class="hugin"><b class="hugin">For Media:</b></p> <p class="hugin">Dustin Childers</p> <p class="hugin">Director of Marketing </p> <p class="hugin">+1 713 856 4222</p> <p class="hugin"><a class="hugin" href="mailto:dchilders@archerwell.com" target="_blank">dchilders@archerwell.com</a></p> <p class="hugin"><br class="hugin" />This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</p> </p></div> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-trading-update_1/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Archer Limited : Changes to the Board of Directors</title> <link>http://archerwell.com/archer-limited-changes-to-the-board-of-directors/</link> <comments>http://archerwell.com/archer-limited-changes-to-the-board-of-directors/#comments</comments> <pubDate>Thu, 28 May 2015 10:07:29 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda &#160;(May 28, 2015) Archer Limited (&#8220;Archer&#8221; or &#8220;the Company&#8221;) announces today that the Board of Directors has appointed Alf Ragnar Løvdal, Orjan Svanevik and Harald Thorstein as Directors to fill vacant positions. Mr Løvdal is Chief Executive Officer of North Atlantic Drilling Limited since January 2013 and has served as Senior Vice President [&#8230;] ]]> </description> <content:encoded> <![CDATA[ <p class="hugin">Hamilton, Bermuda &nbsp;(May 28, 2015)</p> <p align="justify" class="hugin">Archer Limited (&#8220;Archer&#8221; or &#8220;the Company&#8221;) announces today that the Board of Directors has appointed Alf Ragnar Løvdal, Orjan Svanevik and Harald Thorstein as Directors to fill vacant positions. </p> <p align="justify" class="hugin">Mr Løvdal is Chief Executive Officer of North Atlantic Drilling Limited since January 2013 and has served as Senior Vice President for Seadrill in the Asia Pacific region from April 2009 until December 2012. He was previously Chief Executive officer of Seawell Ltd. Mr Løvdal has 35 years of experience in the oil and gas industry, 10 years of which he was responsible for the well services business for the drilling contractor Smedvig, which Seadrill acquired in early 2006. At Smedvig, Mr Løvdal held several senior positions including general manager of operations for mobile drilling units. Prior to his employment with Smedvig and Seadrill, Mr Løvdal held various positions in different oil service companies, including five years of offshore field experience with Schlumberger. He has a degree in mechanical engineering from Horten Engineering Academy in Norway.</p> <p align="justify" class="hugin">Mr Svanevik is an employee of the Seatankers Group and a director of Seadrill Limited.&nbsp; He was previously Managing Director for the investment advisory firm, Oavik Capital.&nbsp; Prior to Oavik, he was Head of M&amp;A and a Partner at Aker ASA, and COO and EVP of Kværner ASA. Mr Svanevik also worked nearly a decade in corporate advisory and investment banking.&nbsp; He started his career at Schlumberger, where he held various international financial management positions.&nbsp; Svanevik has an AMP from Harvard Business School and a MBA from Thunderbird.</p> <p align="justify" class="hugin">Mr Thorstein is an employee of Frontline Corporate Services since 2011, prior to which he was employed in the Corporate Finance division of DnB NOR Markets from 2008 to 2011, specializing in the offshore and shipping sectors. Mr Thorstein has an MSc in Industrial Economics and Technology Management from the Norwegian University of Science and Technology. Mr Thorstein has served as a director of Seadrill Partners LLC since 2012, Ship Finance International Limited since 2011, North Atlantic Drilling Limited since September 2013 and Northern Offshore Limited since 2012, Golden Ocean Group Limited since 2014, Frontline 2012 since 2014 and has served as the Chairman of the Board of Directors Deep Sea Supply PLC since May 2013.</p> <p class="hugin">Cecilie Fredriksen has resigned from the Board of Directors with immediate effect.&nbsp;</p> <p class="hugin">John Reynolds, Chairman of the Board of Directors said, &#8220;The Board would like to thank Ms Fredriksen for her contributions as a director and wishes her well in all her future endeavours. The Board also welcomes the new Directors who will add significant experience and I look forward to their contribution to the Company&#8217;s future development&#8221;.</p> <p align="center" class="hugin">###</p> <p class="hugin"><b class="hugin">CONTACTS</b></p> <p class="hugin"><b class="hugin">For Investors:</b></p> <p class="hugin">Joachim Houeland</p> <p class="hugin">Corporate Treasurer and Investor Relations</p> <p class="hugin">(+47) 51 30 80 00 </p> <p class="hugin">Joachim.Houeland@archerwell.com</p> <p class="hugin"><b class="hugin">For Media:</b></p> <p class="hugin">Dustin Childers</p> <p class="hugin">Director of Marketing </p> <p class="hugin">+1 713 856 4222</p> <p class="hugin"><a class="hugin" href="mailto:dchilders@archerwell.com" target="_blank">dchilders@archerwell.com</a></p> <p class="hugin">This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</p> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-changes-to-the-board-of-directors/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Archer Limited : Grant of Restricted Stock Units</title> <link>http://archerwell.com/archer-limited-grant-of-restricted-stock-units/</link> <comments>http://archerwell.com/archer-limited-grant-of-restricted-stock-units/#comments</comments> <pubDate>Mon, 18 May 2015 07:50:03 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda (May 18, 2015) The Board of Archer Limited has granted restricted stock units (RSUs) to members of its management team.&#160; On Monday May 18, 2015 a total number of 8,540,000 RSUs were issued. The RSUs vest 1/4 on 1 March for each of the next four years. The total number of RSUs now [&#8230;] ]]> </description> <content:encoded> <![CDATA[ <div class="hugin" style="float:none;"> <p class="hugin">Hamilton, Bermuda (May 18, 2015)</p> <p class="hugin">The Board of Archer Limited has granted restricted stock units (RSUs) to members of its management team.&nbsp; On Monday May 18, 2015 a total number of 8,540,000 RSUs were issued. The RSUs vest 1/4 on 1 March for each of the next four years. The total number of RSUs now outstanding is 12,682,500.</p> <p class="hugin">The following primary insiders were amongst the recipients of these RSUs.</p> <p class="hugin">Mr. Christoph Bausch, EVP and Chief Financial Officer, was granted 400,000 RSUs. After this transaction, Mr. Bausch holds 114,855 shares, 2,500,000 stock options and 400,000 RSUs in Archer Limited.</p> <p class="hugin">Mr. Max Bouthillette, EVP and General Counsel, was granted 300,000 RSUs. After this transaction, Mr. Bouthillette holds 175,000 shares, 1,750,000 stock options and 300,000 RSUs in Archer Limited.</p> <p class="hugin">Mr. John Lechner, EVP and President NSR, was granted 300,000 RSUs. After this transaction, Mr. Lechner holds 1,010,000 stock options and 300,000 RSUs in Archer Limited.</p> <p class="hugin">Mr. Ted Wooten, EVP and President NAM, was granted 300,000 RSUs. After this transaction, Mr. Wooten holds 1,250,000 stock options and 300,000 RSUs in Archer Limited.</p> <p class="hugin">Mr. Carlos Etcheverry, EVP and President LAM, was granted 200,000 RSUs. After this transaction, Mr. Etcheverry holds 185,437 shares, 1,441,937 stock options and 200,000 RSUs in Archer Limited.</p> </p></div> <div class="hugin" style="float:none;">This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</div> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-grant-of-restricted-stock-units/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Archer Limited : First Quarter 2015 Results</title> <link>http://archerwell.com/archer-limited-first-quarter-2015-results_1/</link> <comments>http://archerwell.com/archer-limited-first-quarter-2015-results_1/#comments</comments> <pubDate>Mon, 04 May 2015 05:00:00 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda (May 4, 2015) First Quarter 2015 highlights First quarter revenue&#160; of $501.6 million First quarter EBITDA at $58.1 million including $3.3 million restructuring costs Net loss for the quarter of $14.9 million First quarter operational cash flow of $ 19.4 million Net interest-bearing debt of $795.8 million at March 31, 2015 In connection [&#8230;] ]]> </description> <content:encoded> <![CDATA[ <div class="hugin" id="suggestion-block" style=""> <div class="hugin" style="float:none;"> <p class="hugin">Hamilton, Bermuda (May 4, 2015)</p> <p class="hugin"><b class="hugin">First Quarter 2015 highlights</b></p> <ul class="hugin"> <li class="hugin"> <div class="hugin">First quarter revenue&nbsp; of $501.6 million</div> </li> <li class="hugin"> <div class="hugin">First quarter EBITDA at $58.1 million including $3.3 million restructuring costs</div> </li> <li class="hugin"> <div class="hugin">Net loss for the quarter of $14.9 million</div> </li> <li class="hugin"> <div class="hugin">First quarter operational cash flow of $ 19.4 million</div> </li> <li class="hugin"> <div class="hugin">Net interest-bearing debt of $795.8 million at March 31, 2015</div> </li> </ul> <p class="hugin">In connection with the earnings release, a conference call will be held at 7:00 Houston time, 13:00 London time, 14:00 Oslo time on Monday, May 4, 2015.</p> <p class="hugin">For information on how to attend the webcast, detailed information is found on our webpage; http://archerwell.com/investor-relations/webcast/</p> <p class="hugin">Questions should be directed to:<br class="hugin" />David King, Chief Executive Officer<br class="hugin" />Christoph Bausch, Chief Financial Officer</p> </p></div> <div class="hugin" style="float:none;">&nbsp;</div> <div class="hugin" style="float:none;">This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</div> </p></div> <div style = 'padding-top:20px;'> <h5>Attachments</h5> <ul> <li><a href = 'http://hugin.info/143663/R/1918343/686428.pdf' target = '_blank'>First Quarter 2015 Results</a></li> </div> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-first-quarter-2015-results_1/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Archer Limited : Annual Report 2014</title> <link>http://archerwell.com/archer-limited-annual-report-2014/</link> <comments>http://archerwell.com/archer-limited-annual-report-2014/#comments</comments> <pubDate>Mon, 27 Apr 2015 22:09:08 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda (April 27, 2015) Attached is the Annual Report for 2014 for Archer Limited. The report will also be available on Archer&#8217;s website; www.archerwell.com. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Attachments Archer Limited Annual Report 2014 ]]> </description> <content:encoded> <![CDATA[ <div class="hugin" id="suggestion-block" style=""> <div class="hugin" style="float:none;"> <p class="hugin">Hamilton, Bermuda (April 27, 2015)</p> <p class="hugin">Attached is the Annual Report for 2014 for Archer Limited. The report will also be available on Archer&#8217;s website; www.archerwell.com.</p> </p></div> <div class="hugin" style="float:none;">This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</div> </p></div> <div style = 'padding-top:20px;'> <h5>Attachments</h5> <ul> <li><a href = 'http://hugin.info/143663/R/1915592/684750.pdf' target = '_blank'>Archer Limited Annual Report 2014</a></li> </div> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-annual-report-2014/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Archer Limited : Announcement of first quarter 2015 results earnings release date and conference call information</title> <link>http://archerwell.com/archer-limited-announcement-of-first-quarter-2015-results-earnings-release-date-and-conference-call-information/</link> <comments>http://archerwell.com/archer-limited-announcement-of-first-quarter-2015-results-earnings-release-date-and-conference-call-information/#comments</comments> <pubDate>Tue, 21 Apr 2015 09:16:42 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda (April 21, 2015) Archer Limited&#8217;s first quarter 2015 results are scheduled to be released on Monday May 4, 2015 before the start of trading on Oslo Stock Exchange. In connection with the earnings release, a conference call will be held at 7:00 Houston time, 13:00 London time, 14:00 Oslo time on Monday May [&#8230;] ]]> </description> <content:encoded> <![CDATA[ <div class="hugin" style="float:none;"> <p class="hugin">Hamilton, Bermuda (April 21, 2015)</p> <p class="hugin">Archer Limited&#8217;s first quarter 2015 results are scheduled to be released on Monday May 4, 2015 before the start of trading on Oslo Stock Exchange.</p> <p class="hugin">In connection with the earnings release, a conference call will be held at 7:00 Houston time, 13:00 London time, 14:00 Oslo time on Monday May 4, 2015.</p> <p class="hugin">To listen to the call, the following options are available:</p> <p class="hugin">A. Webcast</p> <p class="hugin">To register for the webcast please go to</p> <p class="hugin"><a class="hugin" href="http://edge.media-server.com/m/p/rx53wtry" target="_blank">http://edge.media-server.com/m/p/rx53wtry</a></p> <p class="hugin">B. Conference call</p> <p class="hugin">To access the call, which is open to the public, please contact the conference call operator at the participant telephone numbers listed below. Please call in 10 minutes prior to the scheduled start time, and ask for the &#8220;Archer First Quarter 2015 Results Conference Call.&#8221;</p> <p class="hugin">Participant Telephone Numbers:</p> <p class="hugin">Local &#8211; London, United Kingdom: &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;+44(0)20 3427 1901</p> <p class="hugin">National free phone &#8211; United Kingdom: &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;0800 279 5004</p> <p class="hugin">Local &#8211; New York, United States of America: &nbsp; &nbsp; +1212 444 0896</p> <p class="hugin">National free phone &#8211; United States of America: 1877 280 1254</p> <p class="hugin">Local &#8211; Oslo, Norway: &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; +472316 2729</p> <p class="hugin">National free phone &#8211; Norway: &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 800 56053</p> <p class="hugin">Confirmation Code: &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;1758573</p> <p class="hugin">The operator will ask for your name, company and the confirmation code.</p> <p class="hugin">Following the presentation there will be a Q&amp;A session. Information on &#8220;how to ask questions&#8221; will be given at the beginning of the Q&amp;A session.</p> <p class="hugin">Playback Option:</p> <p class="hugin">If you are unable to participate in the conference call on the day, there is an opportunity to listen to a replay on www.archerwell.com/webcast or to listen to a playback by dialing:</p> <p class="hugin">Local &#8211; London, United Kingdom: &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;+44 (0)20 3427 0598</p> <p class="hugin">Local &#8211; New York, United States of America: +1 347 366 9565</p> <p class="hugin">Local &#8211; Oslo, Norway: &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;+47 2100 0498</p> <p class="hugin">followed by replay access number: &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;1758573#</p> <p class="hugin">Participant list information required: Full name &amp; company</p> </p></div> <div class="hugin" style="float:none;">&nbsp;</div> <div class="hugin" id="suggestion-block" style=""> <div class="hugin" style="float:none;">&nbsp;</div> <div class="hugin" style="float:none;">This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</div> </p></div> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-announcement-of-first-quarter-2015-results-earnings-release-date-and-conference-call-information/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Archer Limited : Amendment of financial covenants</title> <link>http://archerwell.com/archer-limited-amendment-of-financial-covenants/</link> <comments>http://archerwell.com/archer-limited-amendment-of-financial-covenants/#comments</comments> <pubDate>Mon, 20 Apr 2015 07:41:05 +0000</pubDate> <dc:creator> <![CDATA[ elladmin ]]> </dc:creator> <category> <![CDATA[ News Releases ]]> </category> <guid isPermaLink="false"/> <description> <![CDATA[ Hamilton, Bermuda (April 20, 2015) To increase the group&#8217;s financial flexibility Archer and its lenders under the multicurrency revolving facility have agreed to certain amendments to its credit facilities, including an increase in the net interest bearing debt to 12 months rolling EBITDA covenant as well as adjustments to the calculation of the equity ratio. [&#8230;] ]]> </description> <content:encoded> <![CDATA[ <div class="hugin" style="float:none;"> <p class="hugin">Hamilton, Bermuda (April 20, 2015)</p> <p class="hugin">To increase the group&#8217;s financial flexibility Archer and its lenders under the multicurrency revolving facility have agreed to certain amendments to its credit facilities, including an increase in the net interest bearing debt to 12 months rolling EBITDA covenant as well as adjustments to the calculation of the equity ratio.</p> <p class="hugin">Following these amendments, and despite the severe challenges the industry is facing, Archer expects to be compliant with all covenants under its loan agreement in the foreseeable future.</p> </p></div> <div class="hugin" id="suggestion-block" style=""> <div class="hugin" style="float:none;">This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</div> </p></div> ]]> </content:encoded> <wfw:commentRss>http://archerwell.com/archer-limited-amendment-of-financial-covenants/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> </channel> </rss>