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Regulatory press release

Awilco Drilling PLC: Mandatory notification of trade - primary insiders

Awilco Drilling
Reference is made to the stock exchange announcement by Awilco Drilling PLC (the
"Company") published on 21 December 2022, regarding the successful private
placement of new Sponsored Norwegian Depository Receipts in the Company (the
"Private Placement").

Certain of the Company's primary insiders and their close associates have
subscribed and been allocated new Sponsored Norwegian Depository Receipts in the
Private Placement as further described in the attached forms.

Aberdeen, 22 December 2022


For further information please contact:

Erik Jacobs, CEO of Awilco Drilling
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