Compared to the same period last year, Holding Company and Consolidated NPAT for the first 6 months of 2017 showed a decline of 550,7% and 432,5% respectively, primarily due to the following reasons:

- Rigs' day rate in 6M/2017 reduced significantly 40%-45% in comparison to 6M/2016; however, the average number of Jack-up rigs operating in the first 6 months of 2017 was 2,1 rigs compared to 1,3 rigs in 6M/2016;
- There were no hired rigs working in 6M/2017 compared to 0,5 rig operating in 6M/2016;
- PV DRILLING V rig has not operated in 6M/2017;
- The workload and price of drilling-related services dropped about 30%-40% in 6M/2017 compared to the same period last year;

Sincerely.

The Consolidated Financial Statement: Link
The Separate Financial Statement: Link

Petrovietnam Drilling and Well Service JSC published this content on 30 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 August 2017 02:47:06 UTC.

Original documenthttp://www.pvdrilling.com.vn/en-US/Investor-Relations/Publication/Announcement/Announcement/Annoucement-on-the-2017-Reviewed-Interim-Separate-and-Consolidated-Financial-Statement.htm

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