Bermuda, 12 September 2021 - With reference to the press release from 02 September 2021 and in accordance with the Recovery Agreement, the rig BassDrill Beta has been sold for USD 4.3 million for recycling. The net proceeds from the sale shall be shared on a 50:50 basis between the Senior Lenders and the Bondholders.

For further information, please contact:
Reese McNeel
CFO
Atlantica Tender Drilling Ltd.
+47 415 08 186
reese.mcneel@atlanticatd.com

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Atlantica Tender Drilling Ltd. published this content on 12 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2021 11:21:00 UTC.