0001140361-24-018748.txt : 20240409 0001140361-24-018748.hdr.sgml : 20240409 20240409081804 ACCESSION NUMBER: 0001140361-24-018748 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240409 FILED AS OF DATE: 20240409 DATE AS OF CHANGE: 20240409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Borr Drilling Ltd CENTRAL INDEX KEY: 0001715497 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39007 FILM NUMBER: 24831202 BUSINESS ADDRESS: STREET 1: S.E. PEARMAN BUILDING STREET 2: 2ND FLOOR 9 PAR-LA-VILLE ROAD CITY: HAMILTON STATE: D0 ZIP: HM11 BUSINESS PHONE: 4722483000 MAIL ADDRESS: STREET 1: S.E. PEARMAN BUILDING STREET 2: 2ND FLOOR 9 PAR-LA-VILLE ROAD CITY: HAMILTON STATE: D0 ZIP: HM11 6-K 1 ef20026488_6k.htm 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

FORM 6-K
 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
 
April 9, 2024
 
Commission File Number 001-39007
 

Borr Drilling Limited
 
S. E. Pearman Building
2nd Floor 9 Par-la-Ville Road
Hamilton HM11
Bermuda
(Address of principal executive office)


Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
 
Form 20-F ☒ Form 40-F ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(1): ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(7): ☐


Exhibits
 
Press Release
 
 SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
BORR DRILLING LIMITED
     
Date: April 9, 2024
By:
/s/ Mi Hong Yoon
 
Name:
Mi Hong Yoon
 
Title:
Director


EX-99.1 2 ef20026488_ex99-1.htm EXHIBIT 99.1
Exhibit 99.1

Borr Drilling Limited – Contracting Update

Borr Drilling Limited (the “Company”) (NYSE and OSE: “BORR”) is pleased to announce new contract commitments for three of its premium jack-up rigs, the “Prospector 1”, the “Gunnlod”, and a rig to be determined.  The commitments total 820 days and $158.6 million in contract revenue, inclusive of mobilization and demobilization compensation.

In the North Sea, multiple contracts have been secured totaling 250 days of backlog that commenced in March 2024.

In Southeast Asia, the Company has secured a one well commitment, with an anticipated duration of 90 days, that will commence in May 2024.

Finally, an undisclosed customer has issued a firm and binding Letter of Award for a campaign expected to commence between Q4 2024 and Q1 2025, with an estimated duration of 480 days.

Hamilton, Bermuda
9 April 2024

Forward looking statements

This press release includes forward looking statements, which do not reflect historical facts and may be identified by words such as “will”, “expect” , “estimate” and similar expressions and include statements relating to contract awards, letter of awards,  contract duration and value and expected start and end dates, and other non-historical statements. Such forward looking statements are subject to risks, uncertainties, contingencies and other factors could cause actual events to differ materially from the expectations expressed or implied by the forward-looking statements included herein, including risks related to contracting, including our ability to convert LOAs into contracts, the final terms and start dates of such contracts, actual performance under drilling contracts, the risk that backlog may not be realized, and other risks and uncertainties described in the section entitled “Risk Factors” in our most recent annual report on Form 20-F and other filings with the Securities and Exchange Commission. Such risks, uncertainties, contingencies and other factors could cause actual events to differ materially from the expectations expressed or implied by the forward -looking statements included herein. These forward-looking statements are made only as of the date of this release. We do not undertake to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.